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2. You have purchased a put option on TUV Corp common stock. The option has an exercise (strike) price of $90 and the stock currently

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2. You have purchased a put option on TUV Corp common stock. The option has an exercise (strike) price of $90 and the stock currently sells for $87.50. The option price is $10.75 A. How much of the option price is "in the money"? B. How much of the option price is for time? C. If the stock rises to $95 as the owner of the option (naked option), what will be your gain or loss?? D. If the stock falls to $29 and you exercise the option, what will be your gain or loss (naked option)

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