Question: Q11. SHOW YOUR WORK. An ABC put option with strike price of $25 is trading for $1.85 when the stock is trading for $21. What

 Q11. SHOW YOUR WORK. An ABC put option with strike price

Q11. SHOW YOUR WORK. An ABC put option with strike price of $25 is trading for $1.85 when the stock is trading for $21. What is the intrinsic value of this put option? What is the time value of this put option

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