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You own a call option on shares of a certain stock. The option's strike price is $31.4. The underlying stock is currently trading at $18.56.
You own a call option on shares of a certain stock. The option's strike price is $31.4. The underlying stock is currently trading at $18.56. What is the options intrinsic value? Enter your answer in dollars, without the dollar sign ('$'), rounded to the nearest cent (2 decimals). If your answer is negative, use the minus ('-') sign before the number.
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