A 3-Month Put Has a Strike Price of $47

question 79

Multiple Choice

A 3-month put has a strike price of $47.50 and an option premium of $1.40.The underlying stock is selling for $46.70 per share.What is the time value of the put?

• A)$0.00
• B)$0.60
• C)$0.70
• D)$1.20
• E)$1.40

Identify the appropriate journal or ledger to record various transactions.

Understand the basics of horizontal analysis for comparing financial data over time.

Match transactions to their respective journals based on the nature of the transaction.

Understand the role of subsidiary ledgers in accounting.

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