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A 6-month call on a certain common stock carries a strike price of RM60. It can be purchased at a cost of RM600. Assume that

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A 6-month call on a certain common stock carries a strike price of RM60. It can be purchased at a cost of RM600. Assume that the underlying stock rises to RM75 per share by the expiration date of the option. (1) How much profit would this option generate over the 6-month holding period? (5 marks) (111) Using holding period return (HPR), what is its rate of return

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