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Call option-time value A call option has an exercise price of $37.50 and a stock price of $32.00. If the call option is trading for

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Call option-time value A call option has an exercise price of $37.50 and a stock price of $32.00. If the call option is trading for $8.00, what is the time value of the option? $.00 O $8.00 O $9.20 O $9.80

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