Clark Company holds several options: ?
$\begin{array}{lrr}
& \text { Spot Price } & \text { Strike Price } \
\text { Call option on Ionics } & \$ 29.80 & \$ 27.90 \
\text { Call option on Kimberly } & 60.41 & 64.84 \
\text { Put option on Motorola } & 14.25 & 16.40 \
\text { Put option on Nortek } & 32.10 & 32.10
\end{array}$
The intrinsic value of Clark Company's options is
A)-$0.38.
B)-$4.05.
C)-$4.43.
D)-$8.48.

Question

Clark Company holds several options: ?
$\begin{array}{lrr}
& \text { Spot Price } & \text { Strike Price } \
\text { Call option on Ionics } & \$ 29.80 & \$ 27.90 \
\text { Call option on Kimberly } & 60.41 & 64.84 \
\text { Put option on Motorola } & 14.25 & 16.40 \
\text { Put option on Nortek } & 32.10 & 32.10
\end{array}$
 The intrinsic value of Clark Company's options is
A)-$0.38.
B)-$4.05.
C)-$4.43.
D)-$8.48.

Quizplus · Accepted Answer

The Answer of Clark Company holds several options: ?
$\begin{array}{lrr}
& \text { Spot Price } & \text { Strike Price } \
\text { Call option on Ionics } & \$ 29.80 & \$ 27.90 \
\text { Call option on Kimberly } & 60.41 & 64.84 \
\text { Put option on Motorola } & 14.25 & 16.40 \
\text { Put option on Nortek } & 32.10 & 32.10
\end{array}$
 The intrinsic value of Clark Company's options is
A)-$0.38.
B)-$4.05.
C)-$4.43.
D)-$8.48.

Clark Company Holds Several Options: The Intrinsic Value of Clark Company's Options Is A)-$0

Clark Company Holds Several Options: The Intrinsic Value of Clark Company's Options Is
A)-$0