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    Exam 11: Securities Markets
  5. Question
    An Option Is ______________ If Its Exercise Price Is Equal
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An Option Is ______________ If Its Exercise Price Is Equal

Question 24

Question 24

Multiple Choice

An option is ______________ if its exercise price is equal to the current market price of the underlying asset.


A) in-the-money
B) out-of-the-money
C) at-the money
D) on-the-money

Correct Answer:

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