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A speculator buys a call option with a strike of $50 for $2.52. The stock...

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Finance

A speculator buys a call option with a strike of $50 for $2.52. The stock is currently priced at $51.12 and moves to $51.65 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 or loss per share? (Do not ignore the premium paid.)

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