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A call option on a stock has an exercise price of $56. If the stock price at expiration is $48, what is the total option

A call option on a stock has an exercise price of $56. If the stock price at expiration is $48, what is the total option payoff for the seller of the call option? (An option contract is for 100 shares.) A) $8 B) $800 C) $0 OD) -$800 E) -$8

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