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Which one of the following is a possible price for a 3-month American call option with intrinsic value of $3 on a stock that is

  1. Which one of the following is a possible price for a 3-month American call option with intrinsic value of $3 on a stock that is trading at $68? The risk free rate is 4%?
  1. -$3.65
  2. $3.15
  3. $3.79
  4. $68.15

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