Ibm corporation is selling at 3021 per share and call, Financial Management

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Ibm corporation is selling at 3021 per share and call

IBM corporation is selling at $30.21 per share, and call options begin trading with many different strike prices and expiration dates.

What is the minimum value that the premium of any of these call options can take?

Place your answer in dollars and cents.

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Financial Management: Ibm corporation is selling at 3021 per share and call

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Financial Management: Ibm corporation is selling at 3021 per share and call

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