Suppose the current spot rate for the DM is $0.742A call option with an exercise price of $0.7550 is said to be

Name: Suppose the current spot rate for the DM is $0.742A call option with an exercise price of $0.7550 is said to be
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An option is in the money if exercising it now would generate a profit. In this case, since the exercise price of $0.7550 is higher than the current spot rate of $0.742, the option is out of the money.

Suppose the Current Spot Rate for the DM Is $0