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Last week, you purchased one call option contract on DI stock with a strike price of $32.50 and an option price of $1.05. What is
Last week, you purchased one call option contract on DI stock with a strike price of $32.50 and an option price of $1.05. What is the intrinsic value per share of stock if DI is currently priced at $29.03?
a.) -$1.05
b.) $0
c.) $.48
d.) $.93
e.) $1.53
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