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30. You purchased a call option with a $17.35 strike price and a call premium of $.30. On the expiration date, the underlying stock was

30. You purchased a call option with a $17.35 strike price and a call premium of $.30. On the expiration date, the underlying stock was priced at $18.55 per share. What is the percentage return on your investment?

Multiple Choice

  • 100%

  • 0%

  • 125%

  • 200%

  • 300%

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