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Business, 02.03.2020 23:28 Kaylenejohnson00

Assume that a call option has an exercise price of $1.50/pound. At a spot price of $1.45/pound, the call option has: A. an intrinsic value of $0.00. B. a time value of $0.00. C. an intrinsic value of minus$0.04. D. a time value of $0.04.

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Assume that a call option has an exercise price of $1.50/pound. At a spot price of $1.45/pound, the...
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