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Suppose PTR stock is currently selling for $50 and the call with a $60 strike price on the stock is selling for $1.00. You decide

Suppose PTR stock is currently selling for $50 and the call with a $60 strike price on the stock is selling for $1.00. You decide to set up a covered call using the PTR stock and the call. What securities would you buy, sell or write?

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