Question: The table below contains information for an XRAY Inc. call option XRAY common stock is currently selling at $30.20. Expiration Strike Last Volume Nov Open

The table below contains information for an XRAY Inc. call option XRAY common stock is currently selling at $30.20. Expiration Strike Last Volume Nov Open Interest 25.00 3.00 2,156 11,579 a) is the option in the money? Why? b) What is the profit on this position? C) Suppose that on the expiration date the stock's price is $23.00. Will you exercise the call option? Why? (Show your work)

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