If stock price of call option is $300 and exercise price of call option is $260 then intrinsic value of option is
A. $260.00
B. $560
C. $40
D. $300
Answer: Option C
Solution (By Examveda Team)
Intrinsic value of option = Stock price of call option - Exercise price of call option= $300 - $260 = $40.

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