Question: Finance problem thx! You are long a covered call (long stock, short call) position on Microsoft with a strike price X = 80. What is
Finance problem thx!

You are long a covered call (long stock, short call) position on Microsoft with a strike price X = 80. What is your payoff at expiration if the price of Microsoft is ST = 65? (1.5 points) O A. $0.00 OB. $80.00 O c. $65.00 OD. $15.00
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