Which of the Following Statements About Call Options Is False

Multiple Choice

Which of the following statements about call options is false?

A) A call is in the money if the stock price exceeds the exercise price.
B) A call has no time value if its intrinsic value is zero.
C) If a call is out of the money, its intrinsic value is zero.
D) If a call is in the money, its intrinsic value is zero.