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Suppose you buy one SPX call option contract with a strike of 2200. At maturity, the S&P 500 Index is at 2218. What is the
Suppose you buy one SPX call option contract with a strike of 2200. At maturity, the S&P 500 Index is at 2218. What is the value of your position if the premium paid was $14.00 per call? Calculate your answer to the nearest penny.
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