A 6 - month call option on meyers incs stock has a strike, Finance Basics

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A 6 - month call option on meyers incs stock has a strike

Question: A 6 - month call option on Meyers Inc.'s stock has a strike price of $45.00 and sells in the market for $8.25. Meyers' current stock price is $49.00. What is the option's exercise value? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: A 6 - month call option on meyers incs stock has a strike

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