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Question: You pay $3.25 for a call option on Luther Industries that expires in three months with a strike price of $40.00. Three months later,

Question: You pay $3.25 for a call option on Luther Industries that expires in three months with a strike price of $40.00. Three months later, at expiration, Luther Industries is trading at $41.00 per share. Your profit (loss) per share on this transaction is closest to?

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