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One day you are having lunch with your Agribusiness company's commodity broker. You have become brave after recently carning some speculation profits and wish to

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One day you are having lunch with your Agribusiness company's commodity broker. You have become brave after recently carning some speculation profits and wish to speculate some more. You have taken AGEC 415 at UT Martin and know that you can limit downside risk by using options in your strategies. The broker tells you that buying a call option selling for a $2.01 premium with a strike price of $14.46 will definitely make a profit. Assume you wait until option maturity to evaluate this advice and the final market price at maturity was $16.75. What is the net gain or loss under the terms of this option? Provide your answer in the box without a dollar sign. Carry your answer out 2 decimal places and if your answer is negative express this with a minus sign in front. For partial credit if your answer is wrong, attach your work

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