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A call option gives its owners the right, but not the obligation, to Sell a commodity at a specified price and future date, but physical
A call option gives its owners the right, but not the obligation, to Sell a commodity at a specified price and future date, but physical delivery does not occur Sell a specified number of shares at a certain price within a specified period of time Buy a specified number of shares at a certain price within a specified period of time Buy a commodity at a specified price and future date, at which time physical delivery occurs A call option on a single share of Van delay Industries Inc.'s common stock has a market price of $14.28 and expires in six months. The option has an exercise, or strike, price of $71.00, and the current stock price is $81.45. Select the correct exercise value and option premium for this call option in the following table Suppose the stock's price fell to $68.56 and the option's market price fell to $3.33. Indicate the option's new exercise value and the new option premium in the following table
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