The current market price of a share of AT&T stock is $50. If a call...
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The current market price of a share of AT&T stock is $50. If a call option on this stock has a strike price of $45, the call Multiple Choice 31 O is out of the money and sells for a higher price than if the market price of AT&T stock is $40. o sells for a higher price than if the market price of AT&T stock is $40. is out of the money is in the money O is in the money and sells for a higher price than if the market price of AT&T stock is $40
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