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A call option has an exercise price of $45. If the premium of the call is $6.00, determine the options intrinsic value and time value,
A call option has an exercise price of $45. If the premium of the call is $6.00, determine the options intrinsic value and time value, if the stock price is at
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$45
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$50
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$40
For each of the case, determine whether the call option is in-the-money
(ITM), at-the-money (ATM) or out-of-the-money (OTM).
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