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Jocelyn buys a four-month call option contract on shares of ABC at a cost of $3. This contract gives Jocelyn the right to buy ABC

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Jocelyn buys a four-month call option contract on shares of ABC at a cost of $3. This contract gives Jocelyn the right to buy ABC shares at $35 within the four-month period. What is her profitif she exercises the call option two months later when the shares are trading at $42 and immediately sells the shares at market price? Acronyms Calculator

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