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You Own a Call Option with Time to Expiration

Question 10

Multiple Choice

You own a call option with time to expiration. The common stock is selling for $15 and your exercise price is $12, this option:


A) must be sold to the writer.
B) is in-the-money.
C) is out-of-the-money.
D) must be offset by a put.

Correct Answer:

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