Question: HIS IS A TWO PART QUESTION. YOU MUST GET BOTH PARTS CORRECT TO EARN CREDIT. Option Quotations for China Doll (CD) Corporation are listed as

HIS IS A TWO PART QUESTION. YOU MUST GET BOTH PARTS CORRECT TO EARN CREDIT. Option Quotations for China Doll (CD) Corporation are listed as follows: ............................................CALL.........PUT Closing.....Strike....EXP...Premium....Premium 10.39............8.200......Jul........2.690.........0.1000 10.39............8.200......Sep......2.940.........0.2500 10.39............8.700......Aug......2.590.........0.4500 10.39............8.950......Oct.......2.440........0.6000 10.39............9.200......Jun.......2.440.........0.8000 "Closing" represents the closing price per share of CD on a particular trading day. PART 1: Is the Sep Call in-the-money or out-of-the-money? (answer with the word IN or the word OUT) PART 2: Is the Jun Put in-the-money or out-of-the-money? (answer with the word IN or the word OUT)

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