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For a non-dividend paying stock, the current spot price is $29 per share, and the premium of 1-year $30-strike call is $2. At an annual

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For a non-dividend paying stock, the current spot price is $29 per share, and the premium of 1-year $30-strike call is $2. At an annual effective interest rate of 4%, an investor shorts a share of the stock and buys a $30-strike call option. Calculate the investor's minimum profit at option maturity (keep 2 decimal places in your answer)

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