What is the exercise value and the time value of option

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Question 1: The current price of a stock is $25 and a 6-month put option with a strike price of $30 sells for $6.80. What is the exercise value and the time value of the option.

Option A. -$5.00; $11.80

Option B. $0.00; $6.80

Option C. $5.00; $1.80

Option D. $6.80; $0.00

Option E. None of the above

Reference no: EM132619715

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