Why do call options with exercise prices higher than the price of the underlying stock sell for

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Why do call options with exercise prices higher than the price of the underlying stock sell for positive prices? LO.1

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Essentials Of Investments

ISBN: 9780697789945

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Jul 26, 2024 05:01 AM

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Why do call options with exercise prices higher than the price of the underlying stock sell for

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Essentials Of Investments

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