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A $45-strike call option on a stock priced at $51.5 is priced at $8.00. This call has an intrinsic value of ______. A. $8.00 B.
A $45-strike call option on a stock priced at $51.5 is priced at $8.00. This call has an intrinsic value of ______.
A. $8.00
B. $5.00
C. $7.50
D. $6.50
E. $1.50
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Basic Finance An Introduction to Financial Institutions, Investments and Management
Authors: Herbert B. Mayo
11th Edition
1285425790, 1285425795, 9781305464988 , 978-1285425795
