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A stock is trading at a price of $25 and a 20 Call is trading at $5. This call is said to be trading A.

A stock is trading at a price of $25 and a 20 Call is trading at $5. This call is said to be trading

A. With intrinsic value and time value

B. "at parity," because its price is equal to the intrinsic value and there is no time value

C. With time value only

D. Both A and C

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