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A call option was purchased last month for $3.50 with an exercise price of 22. TH option is exercised when the market price of the

A call option was purchased last month for $3.50 with an exercise price of 22. TH option is exercised when the market price of the stock 533 What is the net profit or loss to the Investor $2.50 5450 50.50 53.00

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