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29. A speculator buys a call option with a strike of $50 for $2.9. The stock is currently priced at $51.45 and moves to $51.95

29.

A speculator buys a call option with a strike of $50 for $2.9. The stock is currently priced at $51.45 and moves to $51.95 on the expiration date. What is the speculator's profit or loss per share? (Do not ignore the premium paid.)

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