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Nancy an investor in erenco decides to buy a put option on

Nancy, an investor in ErenCo, decides to buy a put option on ErenCo stock with a strike price (exercise price) of $9 which expires on the third Friday of June (June 19), 2015. What would she have to pay in today's market for this option? In general, what determines the price an investor will have to pay for an option?

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Finance Basics: Nancy an investor in erenco decides to buy a put option on

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