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6 . A put option has a premium of $3 50 with a strike of $52 . The stock currently is priced at $50 1

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6 . A put option has a premium of $3 50 with a strike of $52 . The stock currently is priced at $50 1 . What is the intrinsic value of the put option ? ( 5 points ) 2 . What is the time value of the put option ? ( 5 points )

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