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A speculator can choose between buying 20 shares of a stock for $64 per share and buying 320 European call options on the stock with

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A speculator can choose between buying 20 shares of a stock for $64 per share and buying 320 European call options on the stock with a strike price of $75 for $4 per option. For the second alternative to give a better outcome, the minimum stock price at maturity is: 80 68 72 76

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