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Q4: You buy 1000 call options on Toshiba with a strike price of 140p at a premium of 60p. In order for you to make

Q4: You buy 1000 call options on Toshiba with a strike price of 140p at a premium of 60p. In order for you to make a profit of 6000, what must Toshiba's stock price be at expiry? a) 840p b) 740p c) 800p d) 700p Page 2 of 31 Paper Code: ACFI 204

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