Final answer:
The intrinsic value of the call option on ABC Corporation's stock is $2.45 per share, which is the difference between the stock's current price of $52.45 and the option's strike price of $50.
Step-by-step explanation:
The intrinsic value of a call option is the difference between the current stock price and the strike price of the option, as long as the stock price is above the strike price. In this scenario, ABC Corporation's stock sells for $52.45 per share and the striking price of the call option is $50, so the intrinsic value is $52.45 - $50 = $2.45 per share. The current price of the option is $3.12, which suggests that besides intrinsic value, the option has some time value or extrinsic value as well.