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PQR corporations stock is currently trading at $100 per share. You sell 5 calls at a premium of $3.00 with a strike of $105. Determine

PQR corporations stock is currently trading at $100 per share. You sell 5 calls at a premium of $3.00 with a strike of $105. Determine your gain or loss if the stock price

  1. increases to $112 at expiration
  2. increases to $104 at expiration
  3. decreases to $98 at expiration

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