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An investor is quite certain that Company X's share prices will increase significantly in the near future, so he purchases a call option contract on

An investor is quite certain that Company X's share prices will increase significantly in the

near future, so he purchases a call option contract on 1000 shares with a strike price of 140p

per share at a premium of 12p per share. What are the profits (losses) going to be if the share

price moves to 165p and 110p respectively at maturity?

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