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Eva Swanepoel bought shares of H Corporation. It has a market price of R 9 2 and a strike price of R 9 5 .

Eva Swanepoel bought shares of H Corporation. It has a market price of R92 and a strike price of R95. She also bought a call for a premium of R3.
What is the breakeven value and profit for the call holder, if the market price increases to R110?
a. R95
R12
b.R95
R20
c. R98
R12
d.R98
R20
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