Multiple Choice
If a General Electric January 20 put option with a strike price of $50 were about to expire and the market price of the underlying GE stock was $55.00, the price of the put option would have to be __________.
A) $0.00
B) $10.00
C) $15.00
D) $25.00
Correct Answer:
Verified
Correct Answer:
Verified
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