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You purchased a call option with X = 50 and C = 3.5. What is your profit/loss if the stock price becomes 52? Group of

You purchased a call option with X = 50 and C = 3.5.

What is your profit/loss if the stock price becomes 52?

Group of answer choices

1.5

-1.5

You should not excercise the option.

2.0

-2.0

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