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You own a put option contract on Oliver Brothers stock with an exercise price of $37.50. What is the intrinsic value of your investment if
You own a put option contract on Oliver Brothers stock with an exercise price of $37.50. What is the intrinsic value of your investment if Oliver stock is currently selling for $32.90 a share?
| -$230 |
| -$460 |
| $460 |
| $0 |
| $230 |
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