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question A) What is the intrinsic value of a put option? B) For out-of-the-money options, what are their intrinsic values? C) For out-of-the-money options, how
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A) What is the intrinsic value of a put option?
B) For out-of-the-money options, what are their intrinsic values?
C) For out-of-the-money options, how can we obtain their time values?
D) Explain why futures prices on consumption commodities only have upper bounds.
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