Question: A call option on Australian dollars has a strike ( exercise ) price of $ . 5 6 . The present exchange rate is $

A call option on Australian dollars has a strike (exercise) price of $.56. The present exchange rate is $.59. This call opton can be referret to 32:
in the money.
cut of the money.
as the money.
at a discount.
A call option on Australian dollars has a strike

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