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You buy 10 ZXC Jan 50 calls for $0.75 each. What is your profit or loss if: a) The price of the stock rises to

You buy 10 ZXC Jan 50 calls for $0.75 each. What is your profit or loss if: a) The price of the stock rises to $54 in January, when the options expire? b) The price of the stock falls to $45 in January, when the options expire?

NOTE PLEASE ACTUALLY CALCULATE THE PROFIT OR LOSS, THANK YOU

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