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If you felt the stock price is likely to rise, to maximize profits for a fixed amount invested, you should always buy Group of answer
If you felt the stock price is likely to rise, to maximize profits for a fixed amount invested, you should always buy
Group of answer choices
(a) a slightly out-of-the-money call option (strike price > current stock price)
(b) an at-the-money call option (strike price = current stock price)
(c) a slightly in-the-money call option (strike price < current stock price)
(d) You cannot make a general statement as in (a), (b) and (c)
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