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Question
Which of the following statements is FALSE?a. An in-the-money call occurs if the stock price exceeds the exercise price.
b. An out-of -the money call occurs if the stock price is less than the exercise
price.
c. If a call is out of the money, the intrinsic value is zero.
d. If a call is in the money, the intrinsic value is zero.
Answer
This answer is hidden. It contains 1 characters.
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