Question 1 (3 points) Saved Listen A put option that has a strike price higher than the spot price is called (excluding the premium)? a) at the money b) in the money c) out of the money d) over the spot Question 2 (3 points) Listen The amount of loss that a writer of a put can make is a) unlimited if the option is in the money. b) unlimited if the option is out of the money. O c) limited to the received premium. d) none of the above Which of the following statements regarding currency futures contracts and forward contracts is true? a) A forward contract is a standardized amount per currency whereas the futures contact is for any size desired. b) A forward contract is for a fixed maturity whereas the futures contract is for any maturity. Futures contracts trade on organized exchanges whereas forwards take place between individuals and banks with other banks via telecom linkages. Od) In Futures contracts the counterparty is known, in the forwards investors do not know the counterpart