Multiple Choice
Beltran Industries' common stock trades at $42 per share. The 40 call option trades at $4. This option would be:
A) in-the-money by $2.
B) in-the-money by $4.
C) out-of-the money by $2.
D) out-of-the-money by $4.
Correct Answer:
Verified
Correct Answer:
Verified
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