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You purchase one IBM July 140 call contract for a premium of $19. You hold the option until the expiration date, when IBM stock sells

You purchase one IBM July 140 call contract for a premium of $19. You hold the option until the expiration date, when IBM stock sells for $153 per share. You will realize a ______ on the investment.

$600 profit

$600 loss

$1,300 profit

$1,300 loss

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