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Q10. SHOW YOUR WORK. An XYZ call option with strike price of $50 is trading for $7.25 when the stock is trading for $56. What

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Q10. SHOW YOUR WORK. An XYZ call option with strike price of $50 is trading for $7.25 when the stock is trading for $56. What is the intrinsic value of this call option? What is the time value of this call option

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