The exercise price on one of Boudreaux Companys call options is $14, its exercise value is $20,

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The exercise price on one of Boudreaux Company’s call options is $14, its exercise value is $20, and its premium is $5. What are the option’s market value and the stock’s current price?

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Fundamentals of Financial Management

ISBN: 978-1337395250

15th edition

Authors: Eugene F. Brigham, Joel F. Houston

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