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If an investor buys a call with a strike price of $90 and the underlying stock at the time of expiration is $96, what is
If an investor buys a call with a strike price of $90 and the underlying stock at the time of expiration is $96, what is her profit or loss per share if she paid the writer $4 a share?
a. $2. b. $1. c. -$1. d. -$2.
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