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Suppose you purchase one Cajun Marine inc. call contract (equal 100 shares) with an exercise price of $42. The call expires in November and is
Suppose you purchase one Cajun Marine inc. call contract (equal 100 shares) with an exercise price of $42. The call expires in November and is currently quoted at $2. If, at expiration, the price of a share of Cajun Marine Inc. stock is $49, what is your profit or loss from this investment?
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