An American-style call option with six months to maturity has a strike price of $35. The underlying stock now sells for $43. The call premium is $12. What is the intrinsic value of the call?
A) $12
B) $8
C) $0
D) $23

Name: An American-style call option with six months to maturity has a strike price of $35. The underlying stock now sells for $43. The call premium is $12. What is the intrinsic value of the call? A) $12 B) $8 C) $0 D) $23
Brand: Quizplus
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Question

Quizplus · Accepted Answer

43 − 35 = $8.

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