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You establish a covered call on shares of RMG. The initial price of the shares is $9.75, the call premium is $0.11 and the strike

You establish a covered call on shares of RMG. The initial price of the shares is $9.75, the call premium is $0.11 and the strike price is $10.59. At the expiration of the call, the price of the underlying is $5.35. Calculate the profit on the position at expiration.

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