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4 2 Several years ago, Sonja purchased 2 5 0 shares of Sugar Inc at a price of $ 1 4 per share. Recently, she
Several years ago, Sonja purchased shares of Sugar Inc at a price of $ per share. Recently, she wrote a covered call for shares of Sugar. The December call carries a strike price of $ at a premium of $ per share. Ignoring commissions, if the call option is exercised, what is Sanja's total gain?
a $
b $
c $
d $
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