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(8-2) Options The exercise price on one of Flanagan Company's call options is $15, its exercise value is $22, and its time value is $5.

(8-2) Options The exercise price on one of Flanagan Company's call options is $15, its exercise value is $22, and its time value is $5. What are the option's market value and the price of the stock? INTERMEDIATE PROBLEMS 3-4
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