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A call option on a stock has an exercise price of $60 per share. The cost (price) of the call option is $3 per share.
A call option on a stock has an exercise price of $60 per share. The cost (price) of the call option is $3 per share. If the price of the stock is $70 per share at expiration, what is the profit or loss to the buyer of the call option on a per share basis?
Enter positive values without any sign and negative values with a negative sign at at the beginning of the number.
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