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Suppose you purchase a call option for $5 and a strike price of $40. On the expiration day, the price of the stock is $55. What is the return on the call option if you hold your position until maturity?
Quantifier Negation
The process of reversing the scope of a quantifier in a logical expression, such as changing from "all" to "not all."
Existential Generalization
A logical inference rule that allows for the conclusion that at least one member of a domain possesses a property, based on the existence of a specific example with that property.
Universal Instantiation
A logical rule of inference stating that if a property is true for all members of a category, it is true for any specific member of that category.
Universal Generalization
A logical principle stating that what is true for all instances within a certain category can be applied generally to the entire category.
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