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Question 6 The table below shows three European put options on the same underlying. Time To Expiration Option 1 Option 2 3 months 6
Question 6 The table below shows three European put options on the same underlying. Time To Expiration Option 1 Option 2 3 months 6 months Option 3 6 months Which put option is most likely the cheapest? Explain. Exercise Price $65 $60 $65
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