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A 6-Month Put Option on Smith Corp

Question 34

Multiple Choice

A 6-month put option on Smith Corp.'s stock has a strike price of $45 and sells in the market for $8.90.Smith's current stock price is $41.What is the option premium?


A) $4.41
B) $4.90
C) $5.39
D) $5.93
E) $6.52

Correct Answer:

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