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A month ago, you purchased a call option for $3.00. This option gives you the...

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A month ago, you purchased a call option for $3.00. This option gives you the right for 1 share. The call has a strike price of $45, and the stock is now trading for $50. If you exercise the call today, what will be your holding-period return in percentage? If you do not exercise the call today and it expires, what will be your holding-period return in percentage

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