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Bonnie has decided to write an call option on shares of stock that she owns.She had originally purchased the stock at a price of $25

Bonnie has decided to write an call option on shares of stock that she owns.She had originally purchased the stock at a price of $25 per share.Currently, call options at a $20 exercise price have a $3 premium per share.The call option is exercised when the price of the stock is $30.Determine Bonnie's profit or loss per share.

$5 loss

$3 profit

$8 profit

$2 loss

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