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You purchase one MBI July 120 call contract (equaling 100 shares) for a premium of $5. You holo the option until the expiration date, when

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You purchase one MBI July 120 call contract (equaling 100 shares) for a premium of $5. You holo the option until the expiration date, when MBI stock sells for $123 per share. You will realize a on the investment. $200 profit $300 loss $200 loss $300 profit

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