Question: Question 2 a (5p) Answer the following questions completely: A. What does it mean by saying that an option is in the money? When is

 Question 2 a (5p) Answer the following questions completely: A. What

Question 2 a (5p) Answer the following questions completely: A. What does it mean by saying that an option is in the money? When is a call or a put option in the money? B. What does a short put option mean? When is the loss of a short put option the highest possible? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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