Determining the option premium
A 6-month put option on Smith Corp.'s stock has a strike price of $47.50 and sells in the market for $8.90. Smith's current stock price is $41. What is the option premium?
a)$2.20b)$2.40c)$2.55d)$2.35e)$2.70
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If a random sample of 100 people is selected, what is the standard deviation of the sample mean?
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