What is the exercise value at the time of purchase

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Reference no: EM131599633

What is the exercise value (intrinsic value) at the time of purchase (t = 0) to the holder of a call with strike price $80 if the underlying asset is $100 and the call premium is

a. $30?

b.$0

c.$5

d.$10

e.$15

f.$20

Reference no: EM131599633

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