Question: Consider a put option on AAPL with an exercise price of $4 and expiration in one year. The underlying asset price is $1.8 and option

Consider a put option on AAPL with an exercise price of $4 and expiration in one year. The underlying asset price is $1.8 and option premium is $11.63. What is the option's intrinsic value? (Respond with two decimals without the dollar sign, such as x.xx )

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