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A stock with a current market price of $18.40 has an associated call option priced at $4.60 and a strike price of $15.00. This call

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A stock with a current market price of $18.40 has an associated call option priced at $4.60 and a strike price of $15.00. This call has an intrinsic value of and a time value of $3.40; $1.20 $4.60: 50 $0: 54.60 O $1.20: $3.40

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