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Posted on May 18, 2024

Ms . Johnson buys a 5 5 - strike call for $ 5 8 0 for an underlying priced at $ 5 4 . 3

.

Johnson buys a

55 -

strike call for $

580

for an underlying priced at $

54.34 .

If the underlying price rises to $

55.65,

what is Ms

.

Johnson

s overall profit or loss?

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