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Writing Call Options: A call option on Illinois stock specifies an exercise price of $38. Today's price of the stock is $40. The premium on

Writing Call Options: A call option on Illinois stock specifies an exercise price of $38. Today's price of the stock is $40. The premium on the call option is $5. Assume the option will not be exercised until maturity, if at all. Calculate the profit or loss for the writer for the the following prices : $37, $39, $41, $43, $45, $48

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