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QUESTION
A crude oil put option has an exercise price of $45 when its spot price is $46.75. If the put option is trading at $0.63, what is its time value?
- A crude oil put option has an exercise price of $45 when its spot price is $46.75. If the put option is trading at $0.63, what is its time value? a. $0.00 b. $0.63 c. $1.75 d. $45.00 e. $46.75
