Question
Assume that a put option has an exercise price of $1.50/. At a spot price of $1.45/, the put option has: Group of answer choices
Assume that a put option has an exercise price of $1.50/. At a spot price of $1.45/, the put option has:
Group of answer choices
an intrinsic value of -$0.05
an intrinsic value of $0.00
a time value of $0.00
an intrinsic value of $0.05
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
10th Edition
1260013820, 978-1260013825
