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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) $5.00bty B) $8.00

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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) $5.00bty B) $8.00 C) $7.50 D) $1.50 E) $6.50

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