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1. You buy a 6-month call on General Electric at a premium of 6.25 with a strike price of 35. The stock is currently trading

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1. You buy a 6-month call on General Electric at a premium of 6.25 with a strike price of 35. The stock is currently trading at 36.55. In 3 months, the stock goes to 44 and the call goes to 11.15. A. What is your dollar profit and holding period return if you exercise the call at that time and then sell the stock? B. What is your dollar profit and holding period return if you just sell the call? C. What if, in 3 months, the stock is at 29 and stays there until the call expires. What action would most investors take and what would be their dollar amount of return or loss

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