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You purchased 7 call option contracts on ABC stock with a strike price of $32.50 when the option premium was quoted at $1.83. The option

You purchased 7 call option contracts on ABC stock with a strike price of $32.50 when the option premium was quoted at $1.83. The option expires today when the value of ABC stock is $37.60.

Ignoring trading costs and taxes, what is the nettotalprofit or loss on this investment?

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