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A put option on Dr. Pepper Snapple Group, Inc., has an exercise price of $45. The current stock price is $41. The put option is _________.

a. at the money
b. in the money
c. out of the money
d. knocked out

Respuesta :

Tundexi

Answer:

b. in the money

Explanation:

Exercise price = $45

Current stock price = $41

The put option is in the money because the exercise price of the stock ($45) is more than the current stock price ($41).

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