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Duke Corporation stock is selling for $62 a share. One $64 call contract is valued at $137 and one $64 put contract is valued at
Duke Corporation stock is selling for $62 a share. One $64 call contract is valued at $137 and one $64 put contract is valued at $280. What is the per share intrinsic value of the call? (Note: one option contract includes 100 options)
$0 | ||
$0.64 | ||
$1.37 | ||
$2.80 | ||
$3.17 |
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