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Suppose a stock exists with a price of $17, and a put option on the stock exists with an exercise price of $32. What is
Suppose a stock exists with a price of $17, and a put option on the stock exists with an exercise price of $32. What is the approximate minimum value of the put option?
a. | $15. | |
b. | $17. | |
c. | $32. | |
d. | $ 0 |
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