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You would like to speculate on a rise in the price of a certain stock. The current stock price is TZS 2 9 , 0

You would like to speculate on a rise in the price of a certain stock. The current stock price is TZS 29,000 and a three-month call with strike price of TZS 30,000 costs TZS 2,900. You have TZS 5,800,000. Identify two alternative strategies. Briefly outline the advantages and disadvantages of each.

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