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Assume it is June 24th 2021. The December corn futures contract closes at $6.00 per bushel. The associated December put option with a strike price

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Assume it is June 24th 2021. The December corn futures contract closes at $6.00 per bushel. The associated December put option with a strike price of $6.50 has a premium of 75'0. The intrinsic value of the option is and the time value of the option is

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