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
Answer: Option A
Solution (By Examveda Team)
Time value of an option = Price of an option - Intrinsic value of an option= $560 - $450 = $110.

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