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QUESTION 55 If an option premium is > intrinsic value, then the option has: a. Intrinsic value > 0. b. Stock price > strike price.

QUESTION 55

If an option premium is > intrinsic value, then the option has:

a. Intrinsic value > 0.

b. Stock price > strike price.

c. Stock price < strike price.

d. Time value > 0.

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