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Last week, you purchased a call option on Collins, Inc. stock at an option price of $1.05. The stock price last week was $29.00. The
Last week, you purchased a call option on Collins, Inc. stock at an option price of $1.05. The stock price last week was $29.00. The strike price is $28.20. What is the intrinsic value per share if Collins, Inc. stock is currently priced at $29.65?
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