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c) Yaw must decide whether to exercise a call option he holds shortly. It has an exercise price of GHS 1,500. He purchased the call

c) Yaw must decide whether to exercise a call option he holds shortly. It has an exercise price of GHS 1,500. He purchased the call three months ago for GHS 42. Use position diagrams to answer the following: i. For what range of values should he exercise? ii. For what range of values will he realise a net loss? iii. For what range of values will he realise a net gain?

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