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For a call option on Sun Valley stock, if the current market price is $28 per share, the strike price is $32 per share, and
- For a call option on Sun Valley stock, if the current market price is $28 per share, the strike price is $32 per share, and the option value is $5 per share.
- what is this call options intrinsic value and time value? (3 points)
- If the option is a put option, whats the intrinsic value and time value? (3 points)
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