Q$1$ : Isaiah bought a put with a strike price of $$45\mathrm{.}50$ for $$4\mathrm{.}00,$ and the underlying asset is now selling for $$46\mathrm{.}75.$ What is the intrinsic value of the put?

a$.$ $$4\mathrm{.}00$

b$.$ $$0$

c$.$ $$45\mathrm{.}50$

d$.$ $$41\mathrm{.}50$

$0=$ Icon Key

ad$1$fi$01$t$\mathrm{.}15\mathrm{.}015$

Question $1$ of $17$

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