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4 ) Suppose that a put contract which is written on a stock currently has a premium of 3 TL per share. This option has

4) Suppose that a put contract which is written on a stock currently has a premium of 3 TL per share. This option has 3 month remaining to maturity and has an exercise price 28 while the stock on which the put option is written currently trades at a price of 28.5. Given this what may be the intrinsic value and time value of that put premium?

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