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Of the following four put options that can be purchased on a stock, which would you expect to have the highest price? (all option months
Of the following four put options that can be purchased on a stock, which would you expect to have the highest price? (all option months are in the same calendar year)
A. September put; $70 exercise price
B. September put; $75 exercise price
C. December put; $75 exercise price
D. December put; $70 exercise price
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