Question
The current market price of a share of a stock is $70.81. If a call option on this stock has a strike price of $75,
The current market price of a share of a stock is $70.81. If a call option on this stock has a strike price of $75, the intrinsic value of the call is $________.
(Note: answer must be accurate to the nearest cent).
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Quantitative Trading
Authors: Ernest P. Chan
2nd Edition
1119800064, 978-1119800064
