Multiple Choice
A 6-month call option on Romer Technologies' stock has a strike price of $45 and sells in the market for $8.25.Romer's current stock price is $48.What is the exercise value of the option?
A) $3.00
B) $3.75
C) $4.69
D) $5.86
E) $7.32
Correct Answer:
Verified
Correct Answer:
Verified
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