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You purchase 21 call option contracts with a strike price of $115 and a premium of $4.40. Assume the stock price at expiration is $122.46.

You purchase 21 call option contracts with a strike price of $115 and a premium of $4.40. Assume the stock price at expiration is $122.46.

1. What is your dollar profit? (Omit the "$" sign in your response.) Dollar profit $

2. What if the stock price is $108.41? (Negative amounts should be indicated by a minus sign. Omit the "$" sign in your response.) If the stock price is $108.41, the call is , so the dollar return is $ .

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