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Problem 60.21 Suppose that the strike price of a call option is $80 and future value of premium at expiration is $7. Complete the following

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Problem 60.21 Suppose that the strike price of a call option is $80 and future value of premium at expiration is $7. Complete the following table. Spot price Payoff to Payoff to Profit/Loss Profit/Loss at expiration buyer seller to buyer to seller 50 60 70 80 90 100 110

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