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1. A call option on a stock has a strike price of $59 per share and a premium of $1.50 per share. The stock is
1. A call option on a stock has a strike price of $59 per share and a premium of $1.50 per share. The stock is currently selling for $58 per share. At a market price of $58 per share, the per-share option payoff for the long call position is? and also what is the naked short call position?
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