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Answer to Question #1124 in Finance for Paul Shin Han Yeoh

Question #1124
Buy 100 shares at $100. Buy 70 call option for $8 to protect the share price going up. If the stock price increased to $120, what would be my overall gain/loss? What is the most I can lose under this call option plan?
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2010-12-06T04:12:24-0500
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