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The current price of a stock is $150, and three-month European call options with a strike price of $155 currently sell for $5.00. An investor
The current price of a stock is $150, and three-month European call options with a strike price of $155 currently sell for $5.00. An investor who feels that the price of the stock will increase is trying to decide between buying 100 shares and buying 3,000 call options. Both strategies involve an investment of $15. For both the strategies to be equally profitable, the stock price should increase to
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