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A 6-month call option on Romer Technologies' stock has a strike price of $41.00 and sells in the market for $8.25. Romer's current stock price

A 6-month call option on Romer Technologies' stock has a strike price of $41.00 and sells in the market for $8.25. Romer's current stock price is $48. What is the exercise value of the option? Do not round your intermediate calculations.

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