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Calculate the net profit/loss for the buyer of the call option when the spot is $.74/; strike is $.78/ and premium is $.02. Question 6

Calculate the net profit/loss for the buyer of the call option when the spot is $.74/; strike is $.78/ and premium is $.02.

Question 6 options:

a)

-0.02

b)

0.01

c)

0.02

d)

0.03

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