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You buy 100 shares of stock at 50 per share and sell a

You buy 100 shares of stock at $50 per share and sell a single covered call on them for $1 per contract at the same time. The call has an exercise price of $55. What is the value of your portfolio if the stock price is still at $50 at expiration? At $55? at $60?

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Financial Management: You buy 100 shares of stock at 50 per share and sell a

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Financial Management: You buy 100 shares of stock at 50 per share and sell a

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