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: "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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