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A stock with a current market price of $50 and a strike price of $45 has an associated put option priced at $3.50. This put

A stock with a current market price of $50 and a strike price of $45 has an associated put option priced at $3.50. This put has an intrinsic value of ______ and a time value of _____.

rev: 07_30_2014_QC_52056

$0; $3.50

$3.50; $0

$5; $3.50

$3.50; $5

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