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You purchase a Eurodollar call futures option contract with a $93.42 strike price. Once the underlying Eurodollar futures price reaches $98.66, you exercise the option.

You purchase a Eurodollar call futures option contract with a $93.42 strike price. Once the underlying Eurodollar futures price reaches $98.66, you exercise the option. What is the payoff (in dollars)

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