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A call option on Bedrock Bounders stock has a market price $5. The stock sells for $34 a share, and the option has an exercise

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A call option on Bedrock Bounders stock has a market price $5. The stock sells for $34 a share, and the option has an exercise price of $32 a share. a. What is the exercise value of the call option? Round your answer to the nearest cent. $ b. What is the premium on the option? Round your answer to the nearest cent. $

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