A call option on the stock of bedrock bolders has a market


A call option on the stock of Bedrock Bolders has a market price of $7. the stock sells for $30 a share, and the option has a strike price of $25 a share. What is the exercise value of the call option? What is the option's time value?

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Finance Basics: A call option on the stock of bedrock bolders has a market
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