Question: THIS IS A TWO PART QUESTION. YOU MUST GET BOTH PARTS CORRECT TO EARN CREDIT. Option Quotations for China Doll (CD) Corporation are listed as
THIS 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 10.32............10.50......Jul........0.2500.........0.5800 10.32............10.50......Sep......0.4000.........0.7300 10.32............11.00......Aug......0.5000.........1.380 10.32............11.25......Oct.......0.7000........1.830 10.32............11.50......Jun.......1.000.........2.280 "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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