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Samantha purchased five call option contracts on Nike stock with a strike price of $140 when the option was quoted at $5.40 per share. a.
Samantha purchased five call option contracts on Nike stock with a strike price of $140 when the option was quoted at $5.40 per share. a. What is the net profit of this investment if the option expires today when the value of Nike stock is $145? (6 points) b. What is the net profit of this investment if the option expires today when the value of Nike stock is $137? (4 points)
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