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An American-style call option with six months to maturity has a strike price of $44. The underlying stock now sells for $54. The call premium

An American-style call option with six months to maturity has a strike price of $44. The underlying stock now sells for $54. The call premium is $14. What is the time value of the call?

Multiple Choice

$8
$12
$6
$4
Cannot be determined without more information

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