What Is the Put Option Premium Given the Following Information

question 5

Multiple Choice

What is the put option premium given the following information?

• A) $9.49
• B) $9.98
• C) $10.65
• D) $11.36
• E) $11.64

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Definitions:

Head of Femur

The rounded, upper part of the thigh bone that fits into the hip socket forming the hip joint.

Forearm

The part of the human arm between the elbow and the wrist, comprising the radius and ulna bones.

Upper Arm

The portion of the arm located between the shoulder and the elbow, primarily consisting of the biceps and triceps muscles.

Flexion

A movement that decreases the angle between two body parts, such as bending the elbow or knee.