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A call option on Barry Enterprises stock has a market price of $10. The stock sells for $21 a share, and the option has an
A call option on Barry Enterprises stock has a market price of $10. The stock sells for $21 a share, and the option has an exercise price of $18.50.
What is the premium on the option?
I just recieved an answer of $1.50 but it's in correct would you please reculate
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