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You purchase a 3 month $0.80 strike call option on the Canadian dollar for $0.07 per unit. Each option contract covers 10,000 Canadian dollars. On

You purchase a 3 month $0.80 strike call option on the Canadian dollar for $0.07 per unit. Each option contract covers 10,000 Canadian dollars. On the expiration date, the spot rate for the Canadian dollar is $0.84. What is your profit (+) or loss (-) on the call option?

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