Assume that a $60 strike call pays a 1.0% continuous dividend, r = 0.05, ? = 0.28, and the stock price is $62.00

What is the profit or loss per share if on a long call position, with 73 days until expiration, the price immediately rises to $63.00?
A) $0.68 gain
B) $0.68 loss
C) $0.88 gain
D) $0.88 loss


A

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