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With a strike price of $10, a stock price of $9, and a premium of $1.50, this put option has how much time value? a.

With a strike price of $10, a stock price of $9, and a premium of $1.50, this put option has how much time value?

a. $1.50 b. $1.00 c. $0.50 d. $19.00 e. $0.00

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