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Which of the following is the intrinsic value of an American call on a stock with no dividends? Max(0, S_0 - X (1 + r)^-T)

Which of the following is the intrinsic value of an American call on a stock with no dividends? Max(0, S_0 - X (1 + r)^-T) S_0 Max(0, S_0 - X) Max(0, S_0 (1 + r)^-T - X) 0

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