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What is the profit/loss of five September call contracts with a strike price of $40 on PTL stock if the option premium quote is $1.35

What is the profit/loss of five September call contracts with a strike price of $40 on PTL stock if the option premium quote is $1.35 a share and the stock is selling for $41.30 a share? Assuming 1 contract is with 100 units.

Group of answer choices

-25.00

1.35

25.00

-0.05

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