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Which of the following is correct? Group of answer choices a. time value = intrinsic value + option premium b. intrinsic value = option premium

Which of the following is correct?

Group of answer choices

a. time value = intrinsic value + option premium

b. intrinsic value = option premium + time value

c. option premium = intrinsic value - time value

d. option premium = intrinsic value + time value

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