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Mathematics, 21.09.2019 17:30 Estefaniamarilicolin

josh purchases an ‘in the money’ option on stock x for $3. the current price of stock x is $57.
i). given that josh purchased a call option, what must the strike price be?
ii). given that josh purchased a put option, what must the strike price be?

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josh purchases an ‘in the money’ option on stock x for $3. the current price of stock x is $57.
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