Question: suppose a call option on a stock has an exercise price of $70 and a cost of $ 2 ,and suppose you buy the call.
suppose a call option on a stock has an exercise price of $70 and a cost of $ 2 ,and suppose you buy the call. identify the profit to your investment, at the call expiration, for each of these values of the underlying stock; $25,$ 70,$100,$400.
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