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A stock has a spot price of $2.28. Its January options are about to expire. One of it's puts has a exercise (aka strike) price
A stock has a spot price of $2.28. Its January options are about to expire. One of it's puts has a exercise (aka strike) price of $72. The put must be worth >= $____? (Answer in $s, XX.xx, to the penny.)
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Financial Management And Policy
Authors: James C. Van Horne
11th Edition
0137512236, 9780137512232
