Option payoffs: What is the payoff for a call option with a strike price of $45 if the underlying stock price at expiration is $75?
A) $30
B) $45
C) $75
D) None of the above
Answer: A
Option payoffs: What is the payoff for a call option with a strike price of $45 if the underlying stock price at expiration is $75?
A) $30
B) $45
C) $75
D) None of the above
Answer: A
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