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Suppose you buy 1-SPX call option contract with a strike of 1,100. At maturity, the S&P 500 Index is at 1,160. What is your net

Suppose you buy 1-SPX call option contract with a strike of 1,100.

At maturity, the S&P 500 Index is at 1,160.

What is your net gain or loss if the premium you paid was $41?

(Omit the "$" sign in your response.)

(select one):

Gain or loss ?

of

$

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