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ABC Stock Is Currently Trading at $28

Question 41

Multiple Choice

ABC stock is currently trading at $28.A call option on ABC with a strike price of $30 and 3 months to expiration trades for $2.75.In order for the option to be considered in the money at expiration,ABC stuck must:


A) be greater than $30.75
B) be greater than $32.75
C) be greater than $30
D) be less than $27.25

Correct Answer:

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