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A trader buys one European call option contract with a strike price of $ 3 0 and a time to maturity of one year. The

A trader buys one European call option contract with a strike price of $30 and a time to maturity of one year. The call option price is $3. If the trader exercises the call option when the price of the underlying asset is $32 in one year. What is the trader's gain or loss?
(a) gain =100
(b) gain=200
(c) loss =100
(d) loss =300
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