Devise a portfolio using only call options and shares of stock with the following value (payoff) at

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Devise a portfolio using only call options and shares of stock with the following value (payoff)

at the option expiration date. If the stock price is currently $55, what kind of bet is the investor making? P-639

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ISE Investments

ISBN: 9781266085963

13th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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