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A three-month call option with strike price X = $120 on UPS stock is currently selling at the price of $2.5, UPS stock price is

A three-month call option with strike price X = $120 on UPS stock is currently selling at the price of $2.5, UPS stock price is currently trading at $115, What is the time value of this call option?

A.

$7.5

B.

$0.0

C.

$5.0

D.

$2.5

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