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suppose you are long 3 shares of a stock without dividend payment, what will be your payoff at time. Describe the payoff using the following

suppose you are long

3

shares of a stock without dividend payment, what will be your payoff at time. Describe the payoff using the following equaiton: Payoff

-

+

*

Stock price

(

_

) .

What is the intercept a

?

wHAT is the slope?

(

Answer in integers

)

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