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答案和详解如下:

55Correct answer is C

"Option Markets and Contracts," Don M. Chance

2008 Modular Level I, Vol. 6, pp. 96-98

Study Session 17-73-f

define intrinsic value and time value, and explain their relationship

The intrinsic value is $1; a stock priced at $96 can be purchased for $95.

 

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