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You purchase one IBM July 125 call contract for a premium of $5. You hold the option until the expiration date, when IBM stock sells

You purchase one IBM July 125 call contract for a premium of $5. You hold the option until the expiration date, when IBM stock sells for $123 per share. You will realize a _____________ on the investment

A- $200 Profit

B- $200 Loss

C- $500 Profit

D- $500 Loss Please explain the steps to get to the results.

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