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You have $40,000 to invest. You are thinking of either buying 724 shares of Ford stock for $55.22 each, or buying 22,598 call options on

You have $40,000 to invest. You are thinking of either buying 724 shares of Ford stock for $55.22 each, or buying 22,598 call options on Ford stock that expire in six months, have an exercise price of $60 and cost $1.77 each. What is your profit if you buy the shares and the stock price is $20 in six months (in $)?

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