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CPT is currently trading at $95/share. You bought 3 CALL-option contracts on CPT with a strike price of $90 for $8 each. a. What will
CPT is currently trading at $95/share. You bought 3 CALL-option contracts on CPT with a strike price of $90 for $8 each.
a. What will be your total $ and % gain/loss if CPT price is $95 at the expiration date?
b. What will be your total $ and % gain/loss if CPT price is $90 at the expiration date?
c. What will be your total $ and % gain/loss if CPT price is $85 at the expiration date?
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