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Cisco Systems (CSCO) is quoted at $54.59 per share. The July 19, 2019 call is quoted at $3.50 bid, $3.55 ask, and the same expiry
- Cisco Systems (CSCO) is quoted at $54.59 per share. The July 19, 2019 call is quoted at $3.50 bid, $3.55 ask, and the same expiry and strike put is quoted at $1.37 bid, $1.39 ask.
- How much intrinsic value does the call have? Is in-the-money or out-of-the-money?
- How much intrinsic value does the put have? Is in-the-money or out-of-the-money?
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Introduction to Finance Markets, Investments and Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
16th edition
1119398282, 978-1-119-3211, 1119321115, 978-1119398288
