Question 2 (1 point) Magna International, one of the largest companies in Canada, will announce its earnings next week, 19 February. You expect it will beat existing earning estimates, thus the stock price will go up. Today, the price for a call option with strike price (K) at $80 is $2.4. If you purchase this option, how much money will you make (your total profit/loss) if the price of the stock goes to $84? assuming the stock price today is $77, if it goes to $84 then my profit from the call option is $7. you do not exercise the option, thus you lose $2.4 cks O$1.6 $4