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It has been determined that 0.5 shares of stock should be purchased with borrowed funds to replicate the payoff to one call option. What is

It has been determined that 0.5 shares of stock should be purchased with borrowed funds to replicate the payoff to one call option. What is the option's strike price if the stock could range in value from $110 to $10 at the expiration of the option?

A. $60

B. $40

C. $70

D. $50

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