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Question 41 Not yet answered Marked out of 2.00 p Flag question Assume that an investor purchased 1 share of XYZ Ltd last year for

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Question 41 Not yet answered Marked out of 2.00 p Flag question Assume that an investor purchased 1 share of XYZ Ltd last year for $41.88 and this year, with the share price at $45.73, writes a three-month call option with an exercise price of $50. If the writer receives a premium of $3.09 what is the total profit or loss made by the investor? Give your answer to two decimal places. Do not type $

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