Question
Lennox International stock is selling for $52.40 a share. One $52 call contract is valued at $71 and one $52 put contract is valued at
Lennox International stock is selling for $52.40 a share. One $52 call contract is valued at $71 and one $52 put contract is valued at $63. What is the per share intrinsic value of the put?
| $0.00 | ||
| $0.52 | ||
| $0.71 | ||
| $1.23 | ||
| $2.04 |
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Production And Operations Analysis
Authors: Steven Nahmias, Tava Lennon Olsen
7th Edition
1478623063, 9781478623069
