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You purchase one IBM July 130 call contract for a premium of $7. You hold the option until the expiration date, when IBM stock sells

You purchase one IBM July 130 call contract for a premium of $7. You hold the option until the expiration date, when IBM stock sells for $133 per share. You will realize a ______ on the investment.

$400 profit

$400 loss

$300 profit

$300 loss

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