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QUESTION 3 Smiley Pty Ltd. shares currently trade at $4.20. An investor, Gerry enters into a call option on Smiley Pty Ltd shares with an

QUESTION 3 Smiley Pty Ltd. shares currently trade at $4.20. An investor, Gerry enters into a call option on Smiley Pty Ltd shares with an exercise price of $4.50 per share in two months, and a prem...

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