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A stock with a current market price of $52 and an exercise price of $55 has an associated call option priced at $3.50. This call

A stock with a current market price of $52 and an exercise price of $55 has an associated call option priced at $3.50. This call has an intrinsic value of ________ and a time value of -_____________.

$3.0; $3.50

$0.0; $3.50

$3.0; $0.0

$0.0; $0.0

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