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Ted buys 50 CALL option contracts Each contract consists of 100 shares Exercise price $10.00 per share; Premium $0.50; Spot price at expiry $8.00 a)

Ted buys 50 CALL option contracts Each contract consists of 100 shares Exercise price $10.00 per share; Premium $0.50; Spot price at expiry $8.00 a) How much does it cost to purchase the 50 contrac...

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