Find what is the option time premium

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Question: Assume that a certain stock's current price in the open market stands at $32.25 per share. The premium on the call option for this stock is currently $5.21. If the call option has a strike price of $30, what is the option's time premium? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131936652

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