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You bought five call option contracts with a strike price of $ 4 7 . 5 0 and an option premium of $ 1 .

You bought five call option contracts with a strike price of $47.50 and an option premium of $1.20. At expiration, the stock was selling for $51.30 a share and you exercused your option. what is your profits from this option investments?
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$24,350
$26,250
$25,350
None

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