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You long one IBM May 120 call for a premium of $5. You hold it until the expiration date, when IBM stock sells for $123
You long one IBM May 120 call for a premium of $5. You hold it until the expiration date, when IBM stock sells for $123 per share. You will realize a ______ on the investment. A. $200 profit B. $200 loss C. $300 profit D. $300 loss
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