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11. If a stock is at $120 at expiration, and assuming no transaction costs, what is the profit or loss on a long call with

11. If a stock is at $120 at expiration, and assuming no transaction costs, what is the profit or loss on a long call with a strike price of $140 and a cost of $1?

A. -$100

B. -$1100

C. $100

D. $1100

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