Multiple Choice
Block Corp. 40 call option is selling for $6, and the common stock is selling for $41. The intrinsic value is:
A) $6, and the speculative premium is $1.
B) $1, and the speculative premium is $5.
C) $1, and the speculative premium is $7.
D) $5, and the speculative premium is $7.
Correct Answer:
Verified
Correct Answer:
Verified
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