Which investment would have a lower dollar market value


Which investment would have a lower dollar market value (price)? For each pair of alternatives, indicate your correct choice:

A call option with a strike (“exercise”) price of $40, with the same maturity on the same stock currently with a market value of only $15/share?

A call option with a strike (“exercise”) price of $35, with the same maturity on the same stock currently with a market value of only $15/share?

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Financial Management: Which investment would have a lower dollar market value
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