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TOP GLOME share is trading at $29. Put options with a strike price of $17.50 are priced at $0.75. Compute the intrinsic value of the
TOP GLOME share is trading at $29. Put options with a strike price of $17.50 are priced at $0.75. Compute the intrinsic value of the option, and what is the time value?
(5 marks)
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