The intrinsic value of an option is $490 and the price of underlying asset is $290 then the exercise price of an option is

The intrinsic value of an option is $490 and the price of underlying a

1.	The intrinsic value of an option is $490 and the price of underlying asset is $290 then the exercise price of an option is
A.	290
B.	780
C.	490
D.	200
Answer» D. 200