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A stock is currently selling for $70 per share.What is the lower limit on the value of a call option with an exercise of $90?
Subsidy
A payment made by the government to a firm, industry, or individual, usually to encourage the production of a certain good or service or to reduce its price for consumers.
Output
The quantity of goods or services produced in a given time period, by a firm, industry, or country.
Internalized
The process of incorporating external costs or benefits into one's own decision-making criteria.
Externality
A consequence of an economic activity experienced by unrelated third parties, which can be either positive (benefits) or negative (costs).
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