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Suppose you purchase one Texas Insurance August (strike price = 70) call contract quoted at $6 and write one Texas Insurance August (strike price =

Suppose you purchase one Texas Insurance August (strike price = 70) call contract quoted at $6 and write one Texas Insurance August (strike price = 80) call contract quoted at $8. If, at expiration, the price of a share of Texas Instruments stock is $75, your profit would be ________.

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