Multiple Choice
Which of the following statements is a true definition of an in-the-money option?
A) a call option in which the stock price exceeds the exercise price
B) a call option in which the exercise price exceeds the stock price
C) a put option in which the stock price exceeds the exercise price
D) an index option in which the exercise price exceeds the stock price
E) a call option in which the call premium exceeds the stock price
Correct Answer:

Verified
Correct Answer:
Verified
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