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An investor buys one American call option on one share of stock of ABC. The option's strike price is $65 and the premium for the

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An investor buys one American call option on one share of stock of ABC. The option's strike price is $65 and the premium for the option is \$6. The option expires at the end of December. The stock ABC is trading at $69 on 15 th December. The investor makes a profit if he exercises this option on 15 th December before it expires at the end of trading day. True False

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