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60. A customer writes an ABCD October 220 call, receiving an $11 premium, and buys an ABCD October 235 call, paying a $3 premium. ABCD
60. A customer writes an ABCD October 220 call, receiving an $11 premium, and buys an ABCD October 235 call, paying a $3 premium. ABCD is currently selling at $227.50. If both calls expire, the customer will realize a(n)
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