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0-6. (Calculating call option payouts) Currently, a call contract with an exercise price of $10 on a share of List Aerospace's common stock is selling

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0-6. (Calculating call option payouts) Currently, a call contract with an exercise price of $10 on a share of List Aerospace's common stock is selling for (i.e., has a premium is of) \$2. What does the profit or loss graph (similar to that in Figure 20.5) look like for this option? In drawing this graph, assume that the option is being evaluated on its expiration date. What are the maximum profit, maximum loss, and break-even point? How does this graph change if the exercise price is $12 and the price (or premium) of the option is $4 ? Expiration Date Profit or Loss from Purchasing a Call Option option is "n the money wits a profit equal to the ditterence between the stock orice and the excrcise price

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