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Please show your work. A call option on D stock specifies an exercise price of $77. Today the stocks price is $72 per share. The
Please show your work. A call option on D stock specifies an exercise price of $77. Today the stocks price is $72 per share. The premium on the call option is $4. Assume the option will not be exercised until maturity, if at all. Complete the following table for a speculator who purchases the call option:
Assumed Stock Price at the Time Net Profit or Loss per Share
the Call Option Is About to Expire to Be Earned by the Speculator
$75
$76
$77
$78
$80
$82
$84
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