Last Week,you Purchased One Call Option Contract on DI Stock

question 73

Multiple Choice

Last week,you purchased one call option contract on DI stock with a strike price of $32.50 and an option price of $1.05.What is the intrinsic value per share of stock if DI is currently priced at $34.10?

• A)$2.15
• B)$1.60
• C)$.55
• D)$.93
• E)$0

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