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Imagine you purchase a call option on shares of Intel (INTC) with a strike price of $40 and an expiration date of April 16th. This

Imagine you purchase a call option on shares of Intel (INTC) with a strike price of $40 and an expiration date of April 16th. This option would give you the right to purchase 100 shares of Intel at a price of $40 on April 16th. At what price will make sense to execute the option?

A) At $40

b) Above $40 + premium cost

c) Below $40

d) Below $40 + premium cost

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