The current market price of a share of Dell stock is $50. If a put...
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The current market price of a share of Dell stock is $50. If a put option on this stock has a strike price of $53 and a premium of $3, the put
a. sells for a lower price than if the market price of Dell stock is $57.
b. is out of the money.
c. is at the money.
d. sells for a higher price than if the market price of Dell stock is $57.
The current market price of a share of Dell stock is $50. If a put option on this stock has a strike price of $53 and a premium of $3, the put
| a. | sells for a lower price than if the market price of Dell stock is $57. | |
| b. | is out of the money. | |
| c. | is at the money. | |
| d. | sells for a higher price than if the market price of Dell stock is $57. |
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