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Today, you purchased a European call option on a stock. The option price was $60. The option has a strike price of $1,050 and matures

Today, you purchased a European call option on a stock. The option price was $60. The option has a strike price of $1,050 and matures in 1 month. What is your profit if the stock price becomes $1,038 in 1 month? Dont forget to include the option cost of $60 when calculating the profit.

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