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

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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