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What will be the proceeds and net profits to an investor who purchases the July expiration Dell calls with an exercise price of $245 if
What will be the proceeds and net profits to an investor who purchases the July expiration Dell calls with an exercise price of $245 if the stock price at expiration is $260? What if the stock price is $195? Suppose the premium is $7.54. Draw the payoff graphs for the buyer and writer.
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