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British Imports Has a Stock Price of $38

Question 76

Multiple Choice

British Imports has a stock price of $38.62 a share.The $35 put is priced at $.15.The intrinsic value of the put is ________,and the time value is ________.


A) $0;$1.65
B) $3.62;$.15
C) $0;$.15
D) $0;$3.62
E) $3.62;−$3.47

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