What is the time value, Crew is trading at $36. Put options with a strike price of $27.50, Financial Accounting

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What is the time value

Response to the following questions:

1. Verizon is trading at $36. Put options with a strike price of $45 are priced at $10.50. What is the intrinsic value of the option, and what is the time value?

2. Crew is trading at $36. Put options with a strike price of $27.50 are priced at $0.85. What is the intrinsic value of the option, and what is the time value?

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Financial Accounting: What is the time value

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Financial Accounting: What is the time value

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