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Today's price of Amazon ( AMZN ) is $1,500 per share. A retail investor purchases an at-the-money European call option on AMZN with a maturity

Today's price of Amazon (

AMZN

) is

$1,500

per share. A retail investor purchases an at-the-money European call option on AMZN with a maturity of six months. She pays a premium of

$99,41

. The c.c. risk-free interest rate is four percent.\ What is the intrinsic value of the call option?

image text in transcribed
Today's price of Amazon (AMZN) is $1,500 per share. A retail investor purchases an at-the-money European call option on AMZN with a maturity of six months. She pays a premium of $99.41. The c.c. risk-free interest rate is four percent. What is the intrinsic value of the call option

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