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Stock in Cheezy-Poofs Manufacturing is currently priced at $45per share. A call option with a $48 strike and 90 days to maturityis quoted at $1.50. Compare the percentage gains or losses from a$70,000 investment in the stock versus a $70,000 investment in theoptions (e.g., $70,000 worth of options) if, in 90 days, the stockprice is $40; if the stock price is $50; and if the stock price is$60.