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    The Fair Market Value of a Near-Month Call Option with a Strike
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The Fair Market Value of a Near-Month Call Option with a Strike

Question 51

Question 51

Multiple Choice

The fair market value of a near-month call option with a strike price of $45 is $5, when the stock is trading at $48.
Based on the preceding information, the call option:


A) has no intrinsic value currently.
B) is at the money.
C) is out of the money.
D) is in the money.

Correct Answer:

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