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Assume you just bought 100 call contracts on shares of Company A. The options can be exercised in one year's time at the strike price

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Assume you just bought 100 call contracts on shares of Company A. The options can be exercised in one year's time at the strike price of $26. You paid $0.10 per option. The shares of the company are currently selling at $23.50 per share. If the company's share price rises to $27 in one year's time, what will be your net gain from the call options? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50.)

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