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Suppose you purchase eleven call contracts on Macron Technology stock. The strike price is $70, and the premium is $4.00. If, at expiration, the stock

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Suppose you purchase eleven call contracts on Macron Technology stock. The strike price is $70, and the premium is $4.00. If, at expiration, the stock is selling for $77 per share, what are your call options worth? What is your net profit? Value of call options Net profit

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