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A speculator can choose between buying 1 0 0 shares of a stock for $ 4 0 per share and buying 1 0 0 0
A speculator can choose between buying shares of a stock for $ per share and buying European call options on the stock with a strike price of $ for $ per option. For second alternative to give a better outcome at the option maturity, the stock price must be above
a $
b $
c $
d $
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