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Question 4 (8 Points) The current price of a stock is $94, and 3-month European call options with a strike price of $95 currently sell

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Question 4 (8 Points) The current price of a stock is $94, and 3-month European call options with a strike price of $95 currently sell for $4.70. An investor who feels that price of the stock will increase is trying to decide between buying 100 shares and buying 2,000 call options (=20 contracts). Both strategies involve an investment of 59,400. What advice would you give? How high the stock price has to rise for option strategy to be more profitable

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