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Suppose that an investor purchases the common stock at the current market price of $58/ share and simultaneously sells for $12 a call to buy

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Suppose that an investor purchases the common stock at the current market price of $58/ share and simultaneously sells for $12 a call to buy the shares at the strike price of $50. At the expiration of the call, price of stock is $49. What is the net profit on the position for this investor? (Round your answer the nearest dollar, do not enter with the dollar sign) trype your

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