Question: A put option on Dr. Pepper Snapple Group, Inc., has an exercise price of $45. The current stock price is $48. The put option is

 A put option on Dr. Pepper Snapple Group, Inc., has an

A put option on Dr. Pepper Snapple Group, Inc., has an exercise price of $45. The current stock price is $48. The put option is at the money in the money out of the money knocked out

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