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If XYZ stock trades at $48.25, what is the time value of a XYZ August 45 call trading at $8.50? a. 0 b. 8.50 c.

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If XYZ stock trades at $48.25, what is the time value of a XYZ August 45 call trading at $8.50? a. 0 b. 8.50 c. 5.25 d. 3.25 e. None of the above

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