Draw the line curve of return from the investment

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(a) On 24 March 2020 an ANZ share was trading at $14.60 in ASX. The premium of Calls option with a strike price (exercise price) of $16.00 with an expiry date on the month of your next birthday was $1.00 per share. Draw the line curve of return (Profit/Loss) from the investment in this option against share price varying from $0 to $30. (Draw the price per share on X-axis from $0 to $30 and Profit/Loss in Y-axis.)

Reference no: EM132522331

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