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You buy a call option with a strike price of $85 for $13. At expiration, the underlying stock price is $108. a. What is the

You buy a call option with a strike price of $85 for $13. At expiration, the underlying stock price is $108. a. What is the payoff? b. What is the profit? C. What is the break-even price (where profit = $0)?
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1. You buy a call option with a strike price of $85 for $13. At expiration, the underlying stock price is $108. a. What is the payoff? b. What is the profit? c. What is the break-even price (where profit =$0 )

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