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3. The value of a put option at expiration is a. Max [0, S(T) - X] b. Max [0, X - S(T)] c. Min [0,

3. The value of a put option at expiration is a. Max [0, S(T) - X] b. Max [0, X - S(T)] c. Min [0, S(T) - X] d. Min [0, X - S(T)] e. X

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