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Suppose you purchase seven call contracts on Macron Technology stock. The strike price is $75, and the premium is $4.40. If, at expiration, the stock
Suppose you purchase seven call contracts on Macron Technology stock. The strike price is $75, and the premium is $4.40. If, at expiration, the stock is selling for $83 per share, what are your call options worth? What is your net profit? Value of call options Net profit
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