1. The market price for Alibaba Group Holding Limited. (Ticker: BABA) was $198.74 when Mark...
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1. The market price for Alibaba Group Holding Limited. (Ticker: BABA) was $198.74 when Mark bought a call option today. The call premium is $4.01 and the exercise price is $220. The option will be expired on May 18, 2018.
a. Draw the contingency graph for Mark. Label each point/interaction on the graph.
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