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William bought one ABC $45 call contract (i.e., the exercise price is $45) for a premium of $5 per share. At expiration, ABC stock price
William bought one ABC $45 call contract (i.e., the exercise price is $45) for a premium of $5 per share. At expiration, ABC stock price is $50. What is the return on this investment?
Group of answer choices
-100 percent.
0 percent.
10 percent.
100 percent.
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