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A three-month call option has an exercise price of $50. The cost (price) of the call option is $4 per share. If the price of

A three-month call option has an exercise price of $50. The cost (price) of the call option is $4 per share. If the price of the stock rises to $59 by expiration of the option, the percentage return (HPR) from purchasing the call option is 125%. True or False?

Group of answer choices

a.True

b.False

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