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A United States investor writes four naked call option contracts. The option price is $2, the strike price is $100.00, and the stock price is
A United States investor writes four naked call option contracts. The option price is $2, the strike price is $100.00, and the stock price is $105.00. What is the investor's initial margin requirement?
A. $4,800
B. $6,800
C. $8,800
D. $9,200
E. $10,800
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