You own a July $15 call on ABC stock. Assume today is April 20 and the call has zero intrinsic value

You own a July $15 call on ABC stock. Assume today is April 20 and the call has zero intrinsic value. Which one of the following best describes this option?    A.  worthless B.  unfunded C.  expired D.  in-the-money E.  out-of-the-money Refer to section 24.2

29.	A $20 put option on Wildwood stock expires today. The current price of the stock is $18.50. Which one of the following best describes this option?    A.  funded B.  unfunded C.  at-the-money D.  in-the-money E.  out-of-the-money Refer to section 24.2

30.	Which one of the following describes the maximum value of a call option?    A.  strike price minus the initial cost of the option B.  exercise price plus the price of the underlying stock C.  strike price D.  market price of the underlying stock E.  purchase price Refer to section 24.2

31.

Which one of the following describes the lower bound of a call's value?    A.  strike price or zero, whichever is greater B.  stock price minus the exercise price or zero, whichever is greater C.  strike price or the stock price, whichever is lower D.  strike price or zero, whichever is lower E.  stock price minus the exercise price or zero, whichever is lower Refer to section 24.2

32.

Which one of the following describes the intrinsic value of a call option?    A.  the call's upper bound value B.  the call's lower bound value C.  market price of the underlying security D.  zero, if the call is in-the-money E.  negative amount, if the call is out-of-the-money. Refer to section 24.2