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Consider the following data for a European option: Expiration - 1 year: Stock price - $105: Exercise price $ 100: Call option price = $14:

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Consider the following data for a European option: Expiration - 1 year: Stock price - $105: Exercise price $ 100: Call option price = $14: Risk-free rate=5 percent per year. Calculate the intrinsic value and time value of this call. option Multiple Choice intrinsic value 14, time value o Intrinsic value = 5, time value 9 Intrinsic value o time value 14 intrinsic value = 4, time value 10

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