Question
A call option on Boyds Roadside Tavern stock with an exercise price of $45 has a market price of $12.50. Today, Boyds Roadside Tavern stock
A call option on Boyds Roadside Tavern stock with an exercise price of $45 has a market price of $12.50. Today, Boyds Roadside Tavern stock sells for $52.50. What is the intrinsic value of this call option?
| A. | $0.00 | |
| B. | $2.50 | |
| C. | $5.00 | |
| D. | $7.50 | |
| E. | $12.50 |
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Sports Finance And Management Real Estate Entertainment And The Remaking Of The Business
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills
1st Edition
1439844712, 9781439844717
