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Beltran Industries Common Stock Trades at $42 Per Share

Question 54

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:

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