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equired: - Calculate the intrinsic value for each of the following call options. Now assume that the effective annual interest rate is 6.70%, which corresponds
equired: - Calculate the intrinsic value for each of the following call options. Now assume that the effective annual interest rate is 6.70%, which corresponds to a monthly interest rate of 0.54%, Calculate the present value of each call option's exercise price and the adjusted intrinsic value for each call option. Complete this question by entering your answers in the tabs below. Calculate the intrinsic value for each of the following call options. Note: Round your answers to 2 decimal places. \begin{tabular}{|l|r|r|r|r|l|} \hline \multicolumn{1}{|c|}{ Company } & \begin{tabular}{c} Time to \\ Expiration \\ (months) \end{tabular} & \multicolumn{1}{|c|}{ Strike } & \multicolumn{1}{c|}{S0} & PV(X) & \begin{tabular}{c} Adjusted \\ Intrinsic Value \end{tabular} \\ \hline RJay & 1 & 60 & 62.92 & & \\ \hline RJay & 2 & 70 & 62.84 & & \\ \hline Sell-Mart & 5 & 60 & 69.80 & & \\ \hline Xenon & 6 & 7.50 & 6.78 & & \\ \hline \end{tabular}
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