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  • 06-06-2023
  • Business
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You buy a call option paying $80, which gives you the right of purchasing an ounce of gold at $1950 three months later. If the spot price of gold increase to $2100 at maturity what will be the worth of the call option on that date? If the spot price of gold decreases to $1800 at maturity what will be the worth of the call option on that date?

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