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You are short on a call with an exercise price of $ 5 0 . What is the value of the call at Maturity? If

You are short on a call with an exercise price of $50. What is the value of the call at
Maturity? If the call premium at the time you shorted it was $3. What is your profit or loss on the
position? Use Stock prices of $40, $45, $50, $55, and $60. In addition to calculating the number,
please show graphically the value of the short position in the call and your profit and loss.

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