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A speculator sells a call option with a strike of $25 for $2.47. The stock is currently priced at $22.33 and moves to $27.96 on
A speculator sells a call option with a strike of $25 for $2.47. The stock is currently priced at $22.33 and moves to $27.96 on the expiration date. What is the speculator's (i.e., the call seller's) profit or loss per share? (Do not ignore the premium collected.)
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