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Stock Price to Profit You buy an at the money April call option on M&M Corp. common stock, which has a strike price of $25
Stock Price to Profit You buy an at the money April call option on M&M Corp. common stock, which has a strike price of $25 and a premium of $4.
A. At what minimum price of M&M Corp. stock will you make a profit?
B. At what minimum price should you exercise the option and buy the stock?
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