AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 162 Topic 17 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 162 Topic 17 Discussion

CWM_LEVEL_2 Exam Topic 17 Question 162 Discussion:
Question #: 162
Topic #: 17

Section A (1 Mark)

A call option on a stock is said to be in the money if


A.

The exercise price is higher than the stock price.


B.

The exercise price is less than the stock price.


C.

The exercise price is equal to the stock price.


D.

The price of the put is higher than the price of the call.


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