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A stock with a current market price of $59.10 has an associated call option priced at $9.40 and a strike price of $52.50. This call
A stock with a current market price of $59.10 has an associated call option priced at $9.40 and a strike price of $52.50. This call has an intrinsic value of ______ and a time value of _____.
Multiple Choice
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$9.40; $0
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$6.60; $2.80
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$2.80; $6.60
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$0; $9.40
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