Question: Formulas R = (SP- INV - Loan + D) /INV: R = Profit / Investment A speculator buys a call option for $2 with an
Formulas R = (SP- INV - Loan + D) /INV: R = Profit / Investment A speculator buys a call option for $2 with an exercise price of $70. The stock is currently priced at $69, and rises to $75 on the expiration date. The speculator will exercise the option on the expiration date (if it is feasible to do so). What is the speculator's profit per unit
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