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Suppose that Nielson Motors stock is trading for $50 per share and that Nielson pays no dividends. What is the minimum possible price for an

Suppose that Nielson Motors stock is trading for $50 per share and that Nielson pays no dividends. What is the minimum possible price for an American put option on Nielson Motors with a strike price of $70?

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$0

$20

$50

infinite

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