exam Maths Puzzle Numerical Ability

THE OCT.30 PUT ON WHISPER,INC. STOCK IS QUOTED AT .35.THE STOCK HAS A CURRENT MARKET PRICE OF 31.15. WHAT IS THE INTRINSIC VALUE PER SHARE OF THIS PUT AS OF TODAY

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Can you please help? I need to solve this problem:

(1/2) + (x/6) = (18/x)

thanks
Explain the following in your own words: (a + b)2 a2 + b2. Give a numerical example to illustrate this.