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The common stock of the P . U . T . T . Corporation has been trading in a narrow price range for the past

The common stock of the P.U.T.T. Corporation has been trading in a narrow price range for the past month, and you are convinced it is going to break far out of that range in the next 6 months. You do not know whether it will go up or down, however. The current price of the stock is $100 per share, and the price of a 6-month call option at an exercise price of $100 is $10.

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