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4) You write a call with strike price of $40 on a stock that you have bought at $44 (this is a in the money

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4) You write a call with strike price of $40 on a stock that you have bought at $44 (this is a "in the money covered call"). The call premium is $7.00 (16 points). a. What is the expiration net dollar profit or loss if the stock price ends at $0, $30, $40, $50 and $1,000? b. What is the maximum potential loss from this covered call? C. What is the maximum potential gain from this covered call? d. Find the break-even stock price (or prices)

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