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Consider a shout call option. This option has a strike price is $40. The long party shouts when the underlying asset price is $50. What

Consider a shout call option. This option has a strike price is $40. The long party shouts when the underlying asset price is $50. What is the payoff to the long party if the asset price at maturity is $48?

A.

$18

B.

$8

C.

$0

D.

$10

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