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Use the following Information to determine whether Beck Enterprises will benefit if the stock prices rise or fall. Enter profits as positive whole dollars
Use the following Information to determine whether Beck Enterprises will benefit if the stock prices rise or fall. Enter profits as positive whole dollars and losses as negative whole dollars (use a "-" to reflect a negative such as "-1750") Underlying: DEF stock Action: Sell Option type: Call Quantity: 1 contract Underlying shares: 3,000 Term: 60 days Strike price: $13/share Premium: $2.50/share Calculate the profit/(loss) if the stock goes to $10. Numeric Response
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