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You buy a call option on a stock for a premium of $1.00. The exercise price is $31.50. What is the options profit or loss

You buy a call option on a stock for a premium of $1.00. The exercise price is $31.50. What is the options profit or loss if just prior to expiration the stock price is $32.50?

a. $0

b. $1.00

c. ($1.00)

d. ($0.50)

e. $0.50

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