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assuming the current spot price of gold is $1.86 , a three month call option on 1000 ounces of gold has an exercise price of

assuming the current spot price of gold is $1.86 , a three month call option on 1000 ounces of gold has an exercise price of $1.80 and a premium of $0.24 . if after two months the price per ounce of gold is $2.10 and the premium on this option is now $0.36 . should the investor trade or exercise this option?

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