Custom Kraft's stock price is $60 a share. Call options on the stock are available, some with a strike price of $50 and some with a strike price of $70. Both options expire in three months. Which of the following is correct: The options with the $50 strike price have an exercise value of $20. If the stock price rose by $10, the exercise vlaue of the options with the $50 strike price would also increase by $10. The options with the $50 strike price will sell for less than the options with the $70 stike price. The options with the $70 strike price have an exercise value greater than $0. The options with the $50 strike price will sell for exactly $10