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3. Suppose a trader sells a stock short at $70, buys a call option on the same stock with strike X=80 and invests the proceeds
3. Suppose a trader sells a stock short at $70, buys a call option on the same stock with strike X=80 and invests the proceeds at r= 0%. Does this trader always make a profit if call price c is higher than $8? Explain by writing the trader's profits
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