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In late November, the December 2020 corn futures price has increased to 368 cents/bu. The option is near its expiry so time value is approximately
In late November, the December 2020 corn futures price has increased to 368 cents/bu. The option is near its expiry so time value is approximately zero. What is the intrinsic value at this time? Input your answer in cents/bu. and omit any commas or currency symbols. That is, if you believe the answer is 88 cents/bu., simply enter "88" as your submission. Your Answer:
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