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You purchase one call contract (each contract equals 100 shares). Each call option has a srike price of $116 and a premium of $5. You

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You purchase one call contract (each contract equals 100 shares). Each call option has a srike price of $116 and a premium of $5. You hold the options until the expiration date when MBI stock sells for $123 per share. You will realize a on the investment. $300 loss $200 profit $300 profit $200 loss

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