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An investor purchases 44 call option contracts at a price of $4.83 and a strike price of $36.80. At expiration, the stock price is $38.15.

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An investor purchases 44 call option contracts at a price of $4.83 and a strike price of $36.80. At expiration, the stock price is $38.15. What is the total profit/loss on this transaction? (Each option is for 100 shares.) A) None of the options. B) -$15,312 C) $15,312 D) $21,252 E) -$21,252

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