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The current market price for common shares of ABC Company is $25. Call options on these shares currently trade at 1.50, and come with an
The current market price for common shares of ABC Company is $25. Call options on these shares currently trade at 1.50, and come with an $30 exercise price. If the stock's market price rose to $35 what would be the dollar payoff?
your answer should like this: 4.00
that is not the right answer
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