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You have a client who currently owns 2,000 shares of stock at $25 per share. The client plans to start a business in one year

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You have a client who currently owns 2,000 shares of stock at $25 per share. The client plans to start a business in one year and needs at least $45,000 to launch the operation. You propose to support her investing needs by having her write Call Options on the stock with a Strike Price of $28 per share (premium $2 ). Pick the answer that best describes your supervisor's opinion of your recommendation. You have met the client's needs because her minimum account balance could be $46,000 but she still has all the upside potential. You have met the client's needs because her minimum account balance could be $45,000 but her upside is capped at $56,000 You have not met your client's needs because her minimum account balance could be $4,000 but her upside is capped at $60,000. You have not met your client's needs because her minimum account balance could be $41,000 but her upside is capped at $56,000. None of the above

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