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apple stock is selling for $120.00 per share. call options with an $117.00 exercise price are priced at $12.00. what is the intrinsic value of

apple stock is selling for $120.00 per share. call options with an $117.00 exercise price are priced at $12.00. what is the intrinsic value of the option, and what si the time value? course hero

The intrinsic value of the option is $______ ( round to nearest cent)

The time value of the option is $_______ ( round to nearest cent)

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