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Citigroup sells a call option on euros (contract size is 500,000) at a premium of $0.04 per euro. If the exercise price is $1.34 and

Citigroup sells a call option on euros (contract size is 500,000) at a premium of $0.04 per euro. If the exercise price is $1.34 and the spot price of the euro at date of expiration is $1.36, what is Citigroups profit (loss) on the call option?

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