Question: Question 12 (2 points) An option will be exercised only when it is OA) out-of-the-money OB) in-the-money O C) far away from expiration OD) at-the-money

 Question 12 (2 points) An option will be exercised only when

Question 12 (2 points) An option will be exercised only when it is OA) out-of-the-money OB) in-the-money O C) far away from expiration OD) at-the-money Question 13 (2 points) A call option is out-of-the money when O A) Stock price is greater than option premium O B ) Stock price is equal to strike price O C) Stock price is greater than strike price O D ) Stock price is less than strike price

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