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A stock with a current market price of $23.80 has an associated call option priced at $5.20 and a strike price of $20.00. This

A stock with a current market price of $23.80 has an associated call option priced at $5.20 and a strike price of $20.00. This call has an intrinsic value of and a time value of Multiple Choice $5.20; $0 $0; $5.20 $3.80; $1.40 $1.40: $3.801

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