Question: Current Attempt in Progress On April 1 , 2 0 2 3 , Bramble Corp. purchases a call option for $ 7 4 0 ,

Current Attempt in Progress
On April 1,2023, Bramble Corp. purchases a call option for $740, which gives Bramble the right to buy 1480 shares of Blue Inc. for $30 each until December 1,2023. Blue Inc. shares are currently trading for $30. At June 30,2023, the options are trading at $7104 and the shares at $32 each. At December 1,2023, the options expire with no value. The intrinsic value of the option at April 1,2023, is
$0.
$1480
$740.
$7104.

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