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Suppose a PUT option on Facebook has a premium of $9.81. The strike price is $270 and FB is currently trading at $272.73 a share.

  1. Suppose a PUT option on Facebook has a premium of $9.81. The strike price is $270 and FB is currently trading at $272.73 a share.

    What is the time value of this option?

    $2.73

    $4.16

    $7.08

    $9.18

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