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A stock is trading for $12378. A three month put option with a strike of S125 is trading for $3.15. What is the intrinsic value?

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A stock is trading for $12378. A three month put option with a strike of S125 is trading for $3.15. What is the intrinsic value? What is the time value? Multiple Choice Intrinsic value 193. Time value = 122 Intrinsic value122. Time value = 193 Intrinsic value = 0. Time value = 3.15

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