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Mary wrote a 40 call on ABC stock at a price of $275. She does not own any shares of ABC. Mary has I. limited

Mary wrote a 40 call on ABC stock at a price of $275. She does not own any shares of ABC. Mary has

I. limited her losses to $275.

II. unlimited loss potential.

III. limited her gains to $275.

IV. unlimited profit potential.

A.

II and III only

B.

I and III only

C.

II and IV only

D.

I and IV only

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