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(A)-242.22 (B) -244.22 (C) -241.22 (D) -243.22 (E) -240.22 Problem #2(b): Select Part (b) choices. Save Your work has been saved! (Back to Admin Page)

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(A)-242.22 (B) -244.22 (C) -241.22 (D) -243.22 (E) -240.22 Problem #2(b): Select Part (b) choices. Save Your work has been saved! (Back to Admin Page) Problem #3: An investor buys a 3-month cap on a stock. The price of the call option is $11.47. The current price of the stock is [3 marks] $74. The annual effective risk-free rate is 19%. Determine the range of prices for the stock at expiration for which the investor makes a positive profit. (A) Greater than (B) Less than Problem #3(a): Select (A) 62.31 (B) 63.31 (C) 65.31 (D) 61.31 (E) 64.31 Problem #3(b): Select Save Your work has been saved! (Back to Admin Page) Problem #4: The current value of an S&R futures is $1372.29. You buy 7 futures on the S&R and the contract size is $448

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