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Apple stock is selling for $126.92 per share. Call options with an $117.25 exercise price are priced at $12.24. What is the intrinsic value of
Apple stock is selling for $126.92 per share. Call options with an $117.25 exercise price are priced at $12.24. What is the intrinsic value of the option, and what is the time value? The intrinsic value of the option is $ (Round to the nearest cent.)
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