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Suppose you purchase fifteen call contracts on Macron Technology stock. The strike price is $70, and the premium is $2.60. If, at expiration, the stock

Suppose you purchase fifteen call contracts on Macron Technology stock. The strike price is $70, and the premium is $2.60. If, at expiration, the stock is selling for $74 per share, what are your call options worth? What is your net profit?


Value of call options
Net profit

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