The Intrinsic Value of a Put Is Equal to The

question 9

Multiple Choice

The intrinsic value of a put is equal to the:

• A)lesser of the strike price or the share price.
• B)lesser of the share price minus the exercise price or zero.
• C)lesser of the share price or zero.
• D)greater of the strike price minus the share price or zero.
• E)greater of the share price minus the exercise price or zero.

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