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QUESTION 20 ooo ooo You write a call option on a stock for a premium of $5. The exercise price is $11. What is the

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QUESTION 20 ooo ooo You write a call option on a stock for a premium of $5. The exercise price is $11. What is the option's profit or loss if just prior to expiration the stock price is $16? a. $11 b. (56) c. $5 d. $0 e. $6

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