[Solved] A 6-month put option on James Corp.'s sto

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A 6-month put option on James Corp.'s stock has a strike price of $45 and sells in the market for $9.80. Smith's current stock price

A 6-month put option on James Corp.'s stock has a strike price of $45 and sells in the market for $9.80. Smith's current stock price is $41. What is the option premium?

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