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5. A call option on a stock specifies an exercise price of $77. Today the stock's price is $72 per share. The premium on the
5. A call option on a stock specifies an exercise price of $77. Today the stock's price is $72 per share. The premium on the call option is $4. Assume the option will not be exercised until maturity, if at all. Complete the following table for a speculator who purchases the call option
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