Draw a payoff diagram showing the value

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You own a call option on Intuit stock with a strike price of $ 45. The option will expire in exactly three? months' time.

a. If the stock is trading at $ 54 in three? months, what will be the payoff of the? call?

b. If the stock is trading at $ 34 in three? months, what will be the payoff of the? call?

c. Draw a payoff diagram showing the value of the call at expiration as a function of the stock price at expiration.

Reference no: EM131472985

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