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What is the option buyer's total profit or loss per share if a call option is purchased for a $5 premium, has a $50 exercise
What is the option buyer's total profit or loss per share if a call option is purchased for a $5 premium, has a $50 exercise price, and the stock valued at $53 at expiration?
A. ($5)
B. $3
C. ($2)
D. $8
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