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a stock currently trades for $53 per share. An investor writes a naked call on the stock with a per-share strike price of $52 and

a stock currently trades for $53 per share. An investor writes a naked call on the stock with a per-share strike price of $52 and a premium of $0.50 per share. If the stock price is $50 at the call expiration, calculate the following:

a. Per-share payoff from the option

b. Per-share profit from the option position

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