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Section B (2 Mark)The current market price of a share of MOD stock is Rs15.

Section B (2 Mark)

The current market price of a share of MOD stock is Rs15. If a put option on this stock has a strike price of Rs20, the put

A.

is out of the money.

B.

Is in the money.

C.

Can be exercised profitably.

D.

A and C.

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