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Apple stock is selling for $120.31 per share. Call options with an $117.75 exercise price ase priced at $11.84. What is the intrinsic value of

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Apple stock is selling for $120.31 per share. Call options with an $117.75 exercise price ase priced at $11.84. What is the intrinsic value of the option, and what is the time value? The intrinsic value of the option is s (Round to the nearest cent.)

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