If intrinsic value of an option is $450 and price of an option is $560 then time value of an option is | Faculties

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Q. If intrinsic value of an option is $450 and price of an option is $560 then time value of an option is

(A) $110
(B) $1,010
(C) $450.00
(D) $560

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✅ Correct Answer: (A) $110

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