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Question 6 A call option with an exercise price of $45 was priced at $4. If the underlying stock at expiration is S51, your profit

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Question 6 A call option with an exercise price of $45 was priced at $4. If the underlying stock at expiration is S51, your profit or loss at expiration would be: a) $3 b) -$4 c) S2 d) $4 e) -S2

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