Question $6$

$1$ pts

A $6-$month call option on Romer Technologies' stock has a strike price of $$42\mathrm{.}4$ and sells in the market for $$5\mathrm{.}06.$ Romer's current stock price is $$58\mathrm{.}92.$ What is the exercise value of the option?

PLEASE ROUND YOUR ANSWER TO TWO DECIMALS AND INPUT IT WITHOUT ANY CHARACTERS $($DOLLAR SIGN, COMMA, ETC.$).$ FOR EXAMPLE, IF YOUR ANSWER IS $$10\mathrm{.}522,$ INPUT $$10\mathrm{.}52$