You buy a stock option with an exercise price of 50 the, Finance Basics

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You buy a stock option with an exercise price of 50 the

Question: You buy a stock option with an exercise price of $50. The cost of the option is $4. If the stock ends up at $56, indicate whether you have a profit or loss with a call option? With a put option? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: You buy a stock option with an exercise price of 50 the

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