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Intro In the CURRENCY TRADING section of The Wall Street Journal, the following appeared under the heading OPTIONS: Puts Philadelphia Exchange Swiss Francs 62,500 Swiss

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Intro In the CURRENCY TRADING section of The Wall Street Journal, the following appeared under the heading OPTIONS: Puts Philadelphia Exchange Swiss Francs 62,500 Swiss Francs-cents per unit 69.33 Vol. Last 0.30 12 68 May 69 May 50 0.50 Attempt 1/5 for 10 pts. Part 1 Which of the following statements are CORRECT? Check all that apply: The 68 May put option has a lower time value (price) than the 69 May put option. The time values of the 68 May and 69 May put options are respectively 30 cents and 50 cents Everything else constant, the spot price and the put premium are inversely related Everything else constant, the strike price and the put premium are inversely related The intrinsic values of the 68 May and 69 May put options are respectively 1.33 cents and 33 cents. Submit

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