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c) (5 marks) The current price for the company's stock is RM 8.40 and is expected to drop to RM7.50. Ahmad wants to sell 6

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c) (5 marks) The current price for the company's stock is RM 8.40 and is expected to drop to RM7.50. Ahmad wants to sell 6 lots of the company's stock through buying an option with a premium of RM20 per lot. The option enables the holder to sell the shares at RM8 Determine the profit or loss for Ahmad if the expectation is correct

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