[Solved] Problem 8-1 Options A call option on the

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Problem 8-1 Options A call option on the stock of Bedrock Boulders has a market price of $8. The stock sells for $29 a share,

Problem 8-1 Options

A call option on the stock of Bedrock Boulders has a market price of $8. The stock sells for $29 a share, and the option has a strike price of $26 a share. What is the exercise value of the call option? $

What is the option's time value? $

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