7. The cuurent market price of a share of BCE storck is $50 . If a call option on this stock has a strike price of $45 the call: a. is out of the money b. is in the money c. sells for a higher price...

7. The cuurent market price of a share of BCE storck is $50 . If a call option on this stock has a strike price of $45 the call:

a. is out of the money

b. is in the money

c. sells for a higher price than if the market price of BCE stock is $0

d. a and c.

e. b and c