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If Max Jones was to buy DEF calls at a premium of $3 and the exercise price was $32.00 and the current spot price was

If Max Jones was to buy DEF calls at a premium of $3 and the exercise price was $32.00 and the current spot price was $30, in the box below write down the following two numbers:

Intrinsic value? (Answer to the nearest cent)

Time value? (Answer to the nearest cent)

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