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16. A call option with a strike price of $70 on a stock selling at $75 costs $6.50. What are the call option's intrinsic and

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16. A call option with a strike price of $70 on a stock selling at $75 costs $6.50. What are the call option's intrinsic and time values? A. 50 and 50 B. 56.50 and S0 C. $1.5 and $5 D. $5 and $1.5 E. $0 and $6.50

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