Question
Suppose Oriana purchase a put option to sell XYZ common stock at $50 per share in March. The current price of XYZ stock is $53
Suppose Oriana purchase a put option to sell XYZ common stock at $50 per share in March. The current price of XYZ stock is $53 and the time value of the option is $1. What is the intrinsic value of the option?
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
17th Edition
0357714482, 9780357714485
