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Question 5 (1 point) An investor owns 100 shares of ABC Company. In order to earn additional income, he writes a call option on ABC

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Question 5 (1 point) An investor owns 100 shares of ABC Company. In order to earn additional income, he writes a call option on ABC stock at a strike price of $14.75 at a premium of $2.75 per share. If ABC shares are trading at $14,50, what is the intrinsic value of the call? a) $0.00 b) $2.75 c) $0.25 O d) $0.50

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