Question: 13 A put option on Snapple Beverage has an exercise price of $30. The current stock price of Snapple Beverage is $24.25. The put option

 13 A put option on Snapple Beverage has an exercise price

13 A put option on Snapple Beverage has an exercise price of $30. The current stock price of Snapple Beverage is $24.25. The put option is A. at the money B. in the money C. out of the money D. above the money

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