What is the exercise value of the option

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Question: A call option on Barry Enterprises stock has a market price of $12. The stock sells for $27 a share, and the option has an exercise price of $25.50. What is the exercise value of the option? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131953143

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