Question: A 6-month put option on Smith Corp's stock has a strike price of $45 and sells in the market for $8.90. Smith's current stock

A 6-month put option on Smith Corp's stock has a strike price

A 6-month put option on Smith Corp's stock has a strike price of $45 and sells in the market for $8.90. Smith's current stock price is $41. What is the option premium?

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The option premium is the price at which the option is traded in the market In this case t... View full answer

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