A 6-month call option on Romer Technologies' stock has a strike price of $45 and sells in the market for $8.25. Romer's current stock price is $48. What is the exercise value of the option? a. $1.85 b. $2.20 c. $3.00 d. $4.86 e. $5.32 A 6-month call option on Meyers Inc.'s stock has a strike price of $45 and sells in the market for $8.25. Meyers' current stock price is $47. What is the option premium? a. $4.25 b. $4.73 c. $5.38 d. $6.25 e. $7.35