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1) Assume an investor writes a call option at a strike price of $30 for a premium of $3. This is a naked option (10

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1) Assume an investor writes a call option at a strike price of $30 for a premium of $3. This is a naked option (10 points). a. What would be the gain or loss if the stock price closed at $25? What if it closed at $35? b. What would be the break-even point in terms of the closing price of the stock? c. What is the maximum gain you may have? d. What is the maximum loss you may have

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