You believe that Yoyodyne’s stock will rise in value betweennow and the end of the year. The stock price is now $48 andyou buy a $60 call option for 100 shares. The option premiumis $1.50 per share. How much will you make if the stock pricerises to (a) $75 per share, (b) $64.50 per share, or (c) $55 pershare?
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