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The current market price of a share of Disney stock is $60. If a put...

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Accounting

The current market price of a share of Disney stock is $60. If a put option on this stock has a strike price of $65, the put

can be exercised profitably.

is out of the money.

is out of the money and can be exercised profitably.

is in the money and can be exercised profitably.

is in the money.

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