x Suppose a stock is trading for $50 and a call option on the stock has an exercise price of $25. There is arbitrage if the call option is trading at a. $40 b. $30 C $20 xi. Read and van Leeuwen's findings about subjects' preference for fruit versus chocolate illustrate which bias? a. framing. b. anchoring. ctime-inconsistent preferences. d. diversification heuristic. e. quasi-magical thinking