The strike price of a put option for a particular stock is $48. If the stock is selling for $45 on the expiration date, a put option on this stock has an intrinsic value of __________ per share

A) $48
B) $45
C) $3
D) $0

C

Economics

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If a nation is running a trade deficit, it is

a. spending more on public services than it is raising in tax revenues. b. worse off as the result of its trade with foreign countries. c. importing more goods and services than it exports. d. encountering a balance of payments disequilibrium.

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How much is the multiplier?

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