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26. A client purchased 5 calls on Caterpillar (CAT) stock for a $3.75 premium. The exercise price is $67.50 per share and the options expire

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26. A client purchased 5 calls on Caterpillar (CAT) stock for a $3.75 premium. The exercise price is $67.50 per share and the options expire in six months. If CAT is trading at $83.45, what is the holder likely to do? What would be the investor's profit or loss

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