Business
Business, 21.08.2021 03:10, joseandpauline

A speculator can choose between buying 100 shares of a stock for $40 per share and buying 1000 European call options (10 contracts) on the stock with a strike price of $45 for $4 per option. For the second alternative to give a better outcome at the option maturity, the stock price must be above:

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