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The current market price of a share of Dell stock is $ 1 1 0 . If a put option on this slock has a

The current market price of a share of Dell stock is $110. If a put option on this slock has a strike price of $106 and a premium of $8, the put a. sells for a lower price than if the market price of Dell stock is $101. b. is in the money.O c. sells for a higher price than if the market price of Dell stock is $101.O d. is at the money.

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