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You buy a call option on Dirty Burger stock for $ 1 . 5 0 . It comes with a strike price of $ 1

You buy a call option on Dirty Burger stock for $

1.50 .

It comes with a strike price of $

12,

and the current market price is $

13 .

Suppose the market price increases to $

17

and you decide to exercise your call option. What is your percentage rate of return

(

enter just a number without the percentage sign

)

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