Suppose it is July 10, and the current market price of a Microsoft share is $90. Rank
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Suppose it is July 10, and the current market price of a Microsoft share is $90.
Rank the following put options from the most valuable to the least valuable: LO6
a. September 10 Microsoft put option with a strike price of $95/share
b. September 10 Microsoft put option with a strike price of $90/share
c. September 10 Microsoft put option with a strike price of $85/share
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