Consider a put option for the intel stock the exercise, Financial Management

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Consider a put option for the intel stock the exercise

Consider a put option for the Intel stock. The exercise price of the put option is $30. Now the option is about to expire in a couple of seconds. 6. If the stock price is $31.50 now, what is the current value of the option? 7. What if the stock price is $26.50?

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