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If S = spot price, E = exercise price, then the value of a put option is given by a. MIN (0, E S) b.
If S = spot price, E = exercise price, then the value of a put option is given by
| a. | MIN (0, E S) | b. | MAX (0, S E) | c. | MIN (0, S E) | d. | MAX (0, E S) |
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Fundamentals Of Futures And Options Markets
Authors: John Hull
9th Global Edition
1292422114, 9781292422114
