Question: A call option written on a stock has an exercise price of $ 7 0 . The call option price is $ 8 , and

A call option written on a stock has an exercise price of $70. The call option price is $8, and the current market price of the stock is $75. The intrinsic value of the call option is closest to:
$0.
$5.
$8.
$13.
A call option written on a stock has an exercise

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