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Use the data below. 1. What is Microsofts stock price? 2. What is the value of the May 12th 285 call? 3. What is the
Use the data below.
1. What is Microsofts stock price?
2. What is the value of the May 12th 285 call?
3. What is the intrinsic value of the May 12th 285 call?
4. What is the time value?
5. If the stock price decreases by $1.00, what will the May 12th 285 call increase by?
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