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Assume you Just bought 4 5 0 call contracts ( each contract contalns 1 0 0 shares ) on shares of Company A . The

Assume you Just bought 450 call contracts (each contract contalns 100 shares) on shares of Company A. The options can be exercised in one year's time at the strike price of $42. You pald $1 premium per share. The shares of the
company are currently selling at $36 per share. If the company's share price rises to $44 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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