Question: Currency _____ options are said to be ________ when the present _______________ exceeds the ____________. Select one: a.call, in-the-money, spot rate, strike price b.call, out-of-the-money,

Currency _____ options are said to be ________ when the present _______________ exceeds the ____________.

Select one:

a.call, in-the-money, spot rate, strike price

b.call, out-of-the-money, spot rate, strike price

c.put, in-the-money, spot rate, strike price

d.put, out-of-the-money, strike price,spot rate

e.None of these

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