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You buy a Call option on Tip Company shares with an exercise price of RM10 at a premium of 10 sen. Determine the appropriate result

You buy a Call option on Tip Company shares with an exercise price of RM10 at a premium of 10 sen. Determine the appropriate result for the option if the spot price of the stock is

a) RM 10.00

b) RM 12.00

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