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Question 4: Please answer all parts Required: A call option with a strike price of $56 on a stock selling at $64 costs $8.7. What

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Question 4: Please answer all parts

Required: A call option with a strike price of $56 on a stock selling at $64 costs $8.7. What are the call option's intrinsic and time values? (Round your answers to 2 decimal places.)

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