A Stock Is Selling for $45

question 19

Multiple Choice

A stock is selling for $45.75, with a put option available at a $50 strike that has a premium of $7.50. What is the intrinsic value of the put?

• A)$4.25
• B)$1.25
• C)$3.25
• D)$5.25
• E)$7.50

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Definitions:

Older Adult

An individual in a later stage of life, generally considered to be those aged 65 years and older, often facing unique health and social challenges.

SUD

A term that stands for Substance Use Disorder, a condition that affects an individual's brain and behavior, leading to the inability to control use of substances such as legal or illegal drugs, alcohol, and medications.

Psychiatric Symptoms

Signs or manifestations of a mental disorder, which can affect thoughts, emotions, behaviors, and physical health.

Intoxication

A physiological state resulting from the ingestion of substances (such as alcohol, drugs) leading to alterations in perception, consciousness, cognition, and behavior.