QUESTION 46 A call option is available on the stock of Rally Corporation. The exercise price is
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Question:
QUESTION 46
A call option is available on the stock of Rally Corporation. The exercise price is $65. The call option price is $7. Rally stock is currently selling for $70 per share. What is the "intrinsic value" of the put option?
a. $0.
b. $3.
c. $5.
d. $10.
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