On $1$ August $2023,$ Murat Ltd holds a substantive deep$-$in$-$the$-$money option to acquire the majority of shares in Tyler Ltd that is exercisable in $30$ days. The earliest date the existing shareholders of Tyler Ltd can call a special shareholders$$ meeting to change the company$$s policies on its relevant activities is in $25$ days. Based on these facts only, does Murat Ltd have the power to control Tyler Ltd as of $1$ August $2023?$

Group of answer choices

Murat Ltd does not have the power to control because the option cannot be exercised before the earliest date that a shareholders$$ meeting can be convened to change the company$$s policies on relevant activities.

Murat Ltd does not have the power to control because Murat Ltd will suffer a financial penalty if the option is exercised.

Murat Ltd does not have the power to control because the option only represents potential voting rights, not real voting rights.

Murat Ltd does not have the power to control because the option has not been exercised.