You engage in a so-called covered call by buying the Magna Corporation stock and at the same time writing a call option on the stock. The current share price of Magna is $50. The call option has a strike price of $50 and expires in one year. The current price of the call option is $10. A. At what price ranges of the Magna stock is the call option payoff positive at the expiration date (from the perspective of the holder=buyer of the option)? (10 points)