Multiple Choice
Which of the following conditions would be "in the money" for an American call option for foreign currency?
A) when the market price limits are reached and trading is halted
B) when the strike price is greater than the spot price
C) when the strike price is equal to the spot price
D) when the strike price is lower than the spot price
Correct Answer:
Verified
Correct Answer:
Verified
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Q16: The difference between the current spot price
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