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Problem 15-1 Call Option Payoffs (LO2, CFA2) Suppose you purchase ten call contracts on Macron Technology stock. The strike price is $75, and the premium

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Problem 15-1 Call Option Payoffs (LO2, CFA2) Suppose you purchase ten call contracts on Macron Technology stock. The strike price is $75, and the premium is $4.10. If, at expiration, the stock is selling for $80 per share, what are your call options worth? What is your net profit? Value of call options Net profit

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