Question
What is the intrinsic value of the November $25 call on Dove stock? Dove (DUV) Underlying stock price: 31.12 Expiration Strike Call Put Aug 25
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What is the intrinsic value of the November $25 call on Dove stock?
Dove (DUV) Underlying stock price: 31.12
Expiration Strike Call Put
Aug 25 6.80 .10
Nov 25 7.10 .15
Aug 35 .20 4.10
Nov 35 .85 4.75
A. $6.12
B. -$0.98
C. $0
D. $7.10
E. $0.15
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
