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Return on Stock Options.Teresa purchased a call option on a stock for $144 . The option allows her to purchase the stock for $36.03 per

Return on Stock Options.Teresa purchased a call option on a stock for $144 . The option allows her to purchase the stock for $36.03 per share if she exercises the option by December 31st. On December 15th, the stock rises to $65.89 per share and Teresa exercises the option. What is Teresa's return? (Hint: Ignore transaction costs.) Teresa's return is

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