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Assume that an investor holds 100 shares of stock and writes a call (covered call) on the stock for a premium of ( $ 4

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Assume that an investor holds 100 shares of stock and writes a call (covered call) on the stock for a premium of \\( \\$ 4 \\). In other words, this investor writes a covered call. The call has an exercise price of \\( \\$ 50 \\). The total value of this covered call position at the maturity of the option changes, according to the stock price. Which of the following is true? If the stock price is \\( \\$ 45 \\), the total value is \\( \\$ 5,200 \\). None If the stock price is \\( \\$ 41 \\), the total value is \\( \\$ 4,900 \\). If the stock price is \\( \\$ 35 \\), the total value is \\( \\$ 3,700 \\). If the stock price is \\( \\$ 40 \\), the total value is \\( \\$ 4,800 \\)

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