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Incorrect Question 21 0 / 3.75 pts A stock is selling for $45.75 with a call option available at a $40 strike that has a

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Incorrect Question 21 0 / 3.75 pts A stock is selling for $45.75 with a call option available at a $40 strike that has a premium of $7.9. What percentage of the common stock price does the speculative premium represent? (Report a number and keep 4 decimal places. e.g. report 0.1501 instead of 15.01%.) 0.0383

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