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Section B (2 Mark)The current market price of a share of CAT stock is Rs76.

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Section B (2 Mark)

The current market price of a share of CAT stock is Rs76. If a call option on this stock has a strike price of Rs76, the call

A.

Is out of the money.

B.

Is in the money.

C.

Is at the money.

D.

A and C.

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