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Question 1. (15 points) The exercise price on one of ORNE Corporation's put options is $30 and the price of the underlying stock is $25. The option...

Question 1. (15 points) The exercise price on one of ORNE Corporation's put options is $30 and the price of the underlying stock is $25. The option will expire in 25 days. The option is currently selling for $5.50.

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