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You purchase one MBI July 131 call contract (equaling 100 shares) for a premium of $9. You hold the option until the expiration date, when
You purchase one MBI July 131 call contract (equaling 100 shares) for a premium of $9. You hold the option until the expiration date, when MBI stock sells for $135 per share. You will realize a on the investment. Multiple Choice $400 profit $500 profit $400 loss O $500 loss
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