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A speculator buys a call option with a strike of $50 for $2.53. The stock is currently priced at $52.98 and moves to $52.24 on
A speculator buys a call option with a strike of $50 for $2.53. The stock is currently priced at $52.98 and moves to $52.24 on the expiration date. What is the speculator's profit or loss per share? (Do not ignore the premium paid.)
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