A 6-month put option on Makler Corp.'s stock has a strike price of $50.00 and sells in the market for $8.50.Makler's current stock price is $39.00.What is the exercise value of the option? Do not round your intermediate calculations.
A) $8.36
B) $8.25
C) $12.32
D) $12.98
E) $11.00

Question

Quizplus · Accepted Answer

? 11ea856c_8b29_b532_9aec_793ce6d10615_TB1222_00 Put exercise value = Strike price ? Current price of stock
Put exercise value = $50.00 ? $39.00
Put exercise value = $11.00

A 6-Month Put Option on Makler Corp