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a 1) Assume an investor writes a call option at a strike price of $40 for a premium of $4. This is a naked option

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a 1) Assume an investor writes a call option at a strike price of $40 for a premium of $4. This is a naked option (8 points) What would be the gain or loss if the stock price closed at $0, $20, $40, $60 and $1000? b. What would be the break-even point in terms of the closing price of the stock? C. What is the maximum gain you may have? d. What is the maximum loss you may have

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