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Suppose John bought a European call option on Intel stock with a strike price of $50 for a price of C = $5. At the

Suppose John bought a European call option on Intel stock with a strike price of $50 for a price of C = $5. At the time the option expires, Intels stock price is $75. What is Johns payoff and profit for buying this option? Assume he exercises the option if it is optimal to do so.

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