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Apple stock is selling for $ 124.63 per share. Call options with an $ 117.50 exercise price are priced at $ 12.24. 1:What is the

Apple stock is selling for $ 124.63 per share. Call options with an $ 117.50 exercise price are priced at $ 12.24.

1:What is the intrinsic value of the option,

2:what is the time value?

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