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cyberk cyberk
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2 years ago
In late November, Karen bought FIB February puts with a strike price of $25.  The ask price of the put was $281.  The current price of FIB shares is $28.40.  The intrinsic value of the put is

▸ $340.

▸ $(340).

▸ $(621).

▸ $0.00.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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nancy123nancy123
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2 years ago
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cyberk Author
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2 years ago
You make an excellent tutor!
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Thank you, thank you, thank you!
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