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Using the following information, calculate the overall payoff on the option given the stock price at maturity. Exercise price: 50.00 Premium: 7.00 Call / put:
Using the following information, calculate the overall payoff on the option given the stock price at maturity.
Exercise price: 50.00
Premium: 7.00
Call / put: Call
Long / short: Short
Stock price at maturity 40.00
Select one:
A) (7.00)
B) 7.00
C) 3.00
D) (3.00)
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