Multiple Choice
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
A) $340.
B) $(340) .
C) $(621) .
D) $0.00.
Correct Answer:
Verified
Correct Answer:
Verified
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