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. You purchase one MBI July 452(equaling 100 shares )call contract for a premium of $3.47. You hold the option until the expiration date, when

. You purchase one MBI July 452(equaling 100 shares )call contract for a premium of $3.47. You hold the option until the expiration date, when MBI stock sells for $447.27 per share. You will realize a ______ on the investment.

a. 347.00 LOSS

B.126.00 PROFIT

c.126.00 LOSS

D. 347 PROFIT

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