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The price of a stock on July 1 is 30. A trader buys 4.4 call options on the stock with a strike price of 2.2
The price of a stock on July 1 is 30. A trader buys 4.4 call options on the stock with a strike price of 2.2 when the option price is 5.8. The options are exercised when the stock price is 5.5. The trader's net profit is
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