Multiple Choice
A 6-month put option on Makler Corp.'s stock has a strike price of $45 and sells in the market for $8.90.Makler's current stock price is $41.What is the exercise value of the option?
A) $2.62
B) $2.92
C) $3.24
D) $3.60
E) $4.00
Correct Answer:

Verified
Correct Answer:
Verified
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