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One call option contract is worth 100 units of the underlying stock. The call option has an exercise price of $40, and option premium of

One call option contract is worth 100 units of the underlying stock. The call option has an exercise price of $40, and option premium of $1. If you buy one call option contract, what is your net profit when the stock price is $20 at expiration? What is your net profit if the stock price is at $55 at expiration?

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