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If the current stock price is $73.20, what would be the intrinsic value of a put option with an exercise price of 70 and a
If the current stock price is $73.20, what would be the intrinsic value of a put option with an exercise price of 70 and a current put premium (i.e., the put price) of 1.50?
A. 0
B. $1.50
C. $3.20
D. $5.25
E. $7.20
F. $8.45
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