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Posted on Jul 19, 2024

Several months ago you purchased a call option on a crude oil futures contract with an exercise price of $6,000.00. Today is the expiration date,

Several months ago you purchased a call option on a crude oil futures contract with an exercise price of $6,000.00. Today is the expiration date, and the futures price is $6,380.00.

a. Will you exercise the option?

(Click to select)YesNo

b. What will be your profit

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