If exercise price of an option is $360 and intrinsic value of an option is $160 then price of an underlying asset is
A. $200
B. $520
C. $160
D. $360
Answer: Option A
Solution(By Examveda Team)
Price of an underlying asset = Exercise price of an option - Intrinsic value of an option= $360 - $160 = $200.
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