Question
Question 91 pts Suppose you buy a put option on ABC Inc. for $1.00 that expires in three months with a strike price of $10.00.
Question 91 pts
Suppose you buy a put option on ABC Inc. for $1.00 that expires in three months with a strike price of $10.00. Currently ABC is trading at $9.35 per share. The intrinsic and time value on this option is closest to:
Group of answer choices
$0.00 of Intrinsic Value and $1.00 of Time Value
$0.35 of Intrinsic Value and $0.65 of Time Value
$0.65 of Intrinsic Value and $0.35 of Time Value
$1.00 of Intrinsic Value and $0.00 of Time Value
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
