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Suppose that a European call contract is written on a stock whose current price is 50 . Let the exercise price of the call option

image text in transcribed Suppose that a European call contract is written on a stock whose current price is 50 . Let the exercise price of the call option be 52. At which price the buyer is able to have a breakeven position if the premium is 2.4 per share? What may be the profit of that buyer if the price of the stock is 53 by the end of maturity

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