A 3-Month Put Has a Strike Price of $45

question 49

Multiple Choice

A 3-month put has a strike price of $45.00 and an option premium of $1.10.The underlying stock is selling for $45.80 per share.What is the time value of the put?

• A) $0.00
• B) $0.60
• C) $0.90
• D) $1.60
• E) $1.90

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