An American-style call option with six months to maturity has a strike price of $44. The underlying stock now sells for $54. The call premium is $14. What is the time value of the call?
A) $8
B) $12
C) $6
D) $4
E) Cannot be determined without more information

Question

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The Answer of An American-style call option with six months to maturity has a strike price of $44. The underlying stock now sells for $54. The call premium is $14. What is the time value of the call?
A) $8
B) $12
C) $6
D) $4
E) Cannot be determined without more information

An American-Style Call Option with Six Months to Maturity Has