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A 3-month put has a strike price of $45 and an option premium of $1.10. The underlying stock is selling for $45.80 per share. What

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A 3-month put has a strike price of $45 and an option premium of $1.10. The underlying stock is selling for $45.80 per share. What is the time value of the put? Select one: a. $1.10 O b. $1.90 O c. $.60 N. $0 x e. $.90

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