Simplify \(\frac{3t + 6}{3t}\). The numerator of this fraction will factorise as there is a common factor of 3. This gives \(\frac{3(t + 2)}{3t}\). Now, there is clearly a common factor of 3 between ...
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Learn what an option premium is, how it's priced, and why it matters in trading. Explore the factors influencing option value with clear examples.