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Shares in Globex Corp. are trading today for $26. Call options on Globex shares, which expire in 6 months with a strike price of $25,
Shares in Globex Corp. are trading today for $26. Call options on Globex shares, which expire in 6 months with a strike price of $25, are trading for $3.60. What is the profit to a call option writer, at maturity, if the stock price is $27? Assume that there is one share per contract.
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