Underlying Stock Price: 45

question 35

Multiple Choice

Underlying stock price: 45.80 What is the intrinsic value per share of the November 45 call?

• A) $0.80
• B) $2.80
• C) $3.80
• D) $4.30
• E) $4.50

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Definitions:

Categorical Propositions

Statements that assert or deny that all or some members of one category are included in another category.

Standard Form

A conventional, often simplified or agreed-upon format for presenting information, data, or arguments, making it easier to understand or analyze.

Non-categorical

Not belonging to a particular category or class.

Proposition

A declarative sentence that can be either true or false, but not both.