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Good Afternoon! Can you help explain this derivatives finance question? Thank you! A stock is currently trading for $113.25. The December put with a strike

Good Afternoon!

Can you help explain this derivatives finance question? Thank you!

A stock is currently trading for $113.25. The December put with a strike price of $115 is trading for $3.90. The intrinsic value of this option is closest to:

A) $1.75

B) $2.15

C) $0.00

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