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Pomona Inc. has purchased shares of stock M at $ 2 8 per share. It will sell the stock in six months. It considers using
Pomona Inc. has purchased shares of stock M at $ per share. It will sell the stock in six months. It considers using a strategy of covered call writing to partially hedge its position in this stock. The exercise price is $ the expiration date is six months, and the premium on the call option is $ If the price of stock M in months is $ what is the profit or loss per share if a covered call is used?
Answer: $
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