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1.You purchase one MBI July 117 call contract for a premium of $5.26. The stock has a 2 for 1 split to the expiration dare. You hold the option until the expiration date, when MBI stock sells for $62.40 per share. You will realize a ____ on the investment

A. $526 loss

B. $254 Profit

C. $117 LOSS

d. $200 PROFIT

2. You write one MBI July 225 call contract(equaling 100 shares) for a premium of $4.21. You hold the option until expiration date, when MBI stock sells for $231.57 per share. You will realize a _____ on the investment

A. $421.00 profit

B. $236.00 profit

C. 236.00 LOSS

d. 421.00 LOSS