(Choose 1 answer)
(18490) A speculator buys a call option for $3, with an exercise price of $50. The stock is currently priced at $49, and rises to $55 on the expiration date. The speculator will exercise the option on the expiration date (ifit is feasible to do so). What is the speculator's profit per unit?
A. $1
B. $5
C. $2
D. -$2
I
