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Posted on Jun 09, 2024

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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