Question: Exhibit 14.5 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM The current stock price of Zanco Corporation is $50. Zanco Corporation has the following put

Exhibit 14.5 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM The current stock price of Zanco Corporation is $50. Zanco Corporation has the following put and call option prices with exercise prices at $45 and $50. Refer to Exhibit 14.5. The time premium for the put option with a $45 exercise price is a. \$1.50. b. $2.75. c. $0.00. d. $5.25. e. $6.50
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