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answer quickly please my exam is now please 27. A speculator buys a call option for $8, with an exercise price of $60. The stock
answer quickly please my exam is now please
27. A speculator buys a call option for $8, with an exercise price of $60. The stock is currently priced at $49, and rises to $75 on the expiration date. The speculator will exercise the option on the expiration date (if it is feasible to do so). What is the speculator's profit per unit? (1 Point) a. $1 b. $7 c. $2 d. $1Step by Step Solution
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