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You purchase 8 call option contracts with a strike price of $82.35 and an option premium of $4.11. The stock is currently trading for $94.08
You purchase 8 call option contracts with a strike price of $82.35 and an option premium of $4.11. The stock is currently trading for $94.08 a share. What will your return be if you exercise your option?
Answer should be formatted as a percent with 2 decimal places (e.g. 99.99).
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