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24. A call option on a stock with a current price of $100 has a strike price of $83. What is the intrinsic value of

24. A call option on a stock with a current price of $100 has a strike price of $83. What is the intrinsic value of the option?

25. A put option on a stock with a current price of $76 has a strike price of $84. What is the intrinsic value of the option?

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