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The Current Market Price of a Share of CSCO Stock

Question 24

Multiple Choice

The current market price of a share of CSCO stock is $22.If a put option on this stock has a strike price of $20,the put


A) is out of the money.
B) is in the money.
C) sells for a higher price than if the strike price of the put option was $25.
D) A and C.
E) B and C.

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