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If Mary held a long call option on ABC shares for which she paid a premium of $2 and the exercise price of that option
If Mary held a long call option on ABC shares for which she paid a premium of $2 and the exercise price of that option was $12 and the current market price was $15, then at what market price would the options have: II. A zero profit? (Choose the most appropriate answer.) (2 Marks) a. $15 b. $12 c. $14
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