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Smith Enterprises shares currently sell for $18. A call option on the shares has a strike price of $15 and currently sells at $4.50. What

Smith Enterprises shares currently sell for $18. A call option on the shares has a strike price of $15 and currently sells at $4.50. What is the time value of the option?

$2.50

$2.00

$4.50

Could you tell me the answer and how to calculate?

All the best

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