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18. XYZ stock is currently trading at a market price (S) of $50. You do not own the stock, but you are long a put

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18. XYZ stock is currently trading at a market price (S) of $50. You do not own the stock, but you are long a put option on 1 share with a strike price (X) of $43. The cost put (premium) was $2. What are the option's Intrinsic and Time Values? * (5 Points) Intrinsic Value =$0 Time Value =$2 Intrinsic Value =$1 Time Value =$1 Intrinsic Value =$2 Time Value =$0

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