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When you buy call option on underlying asset by paying Rs 3 as premium with strike at Rs 48 , the price of the underlying

When you buy call option on underlying asset by paying Rs 3 as premium with strike at Rs 48 , the price of the underlying asset should be ---- for you to obtain profits

options :-

  1. Rs 49
  2. Rs 50
  3. Rs 51
  4. Less than Rs 51

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