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Question 7 1 pt You wrote 6 call option contracts on XYZ stock with a strike price of $40 and an option premium of $1.38.

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Question 7 1 pt You wrote 6 call option contracts on XYZ stock with a strike price of $40 and an option premium of $1.38. What is your net gain or loss on this investment if the price of XYZ is $44.78 on the option expiration date? (Round answer to 2 decimal places. Do not round intermediate calculations). Topic: Option Payoffs/Profits

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