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Suppose Mr. Optimist holds a one-year call option on TIX common stock. It is a European call option and can be exercised at $150. Assume
Suppose Mr. Optimist holds a one-year call option on TIX common stock. It is a European call option and can be exercised at $150. Assume that the expiration date has arrived. What is the value of the TIX call option on the expiration date?
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