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2. Citigroup sells a call option on euros (contract size is 500,000) at a premium of $0.04 per euro. If the exercise price is $0.91

2. Citigroup sells a call option on euros (contract size is 500,000) at a premium of $0.04 per euro. If the exercise price is $0.91 and the spot price of the euro at date of expiration is $0.93, what is Citigroup's profit (loss) on the call option

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