NO.PZ2016031201000043
问题如下：
Prior to expiration, the lowest value of a European put option is the greater of zero or the:
选项：
A. exercise price minus the value of the underlying.
B. present value of the exercise price minus the value of the underlying.
C. value of the underlying minus the present value of the exercise price.
解释：
B is correct.
Prior to expiration, the lowest value of a European put is the greater of zero or the present value of the exercise price minus the value of the underlying.
请问最低价格是因为不考虑到期日之前的时间价值吗