Question: A 6-month put option on Smith Corp.'s stock has a strike price of $45 and sells in the market for $8.90. Smith's current stock price

A 6-month put option on Smith Corp.'s stock has a strike

A 6-month put option on Smith Corp.'s stock has a strike price of $45 and sells in the market for $8.90. Smith's current stock price is $41. What is the option premium? a. $4.41 b. $4.90 c. $5.39 d. $5.93 $6.52 e

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