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You purchased call options on 1 0 0 0 shares of Goldman - Sachs ( GS ) stock with a strike price of $ 2

You purchased call options on 1000 shares of Goldman-Sachs (GS) stock with a strike price of $240 per share. The option premium was $4 per share. Calculate the profit or loss if the market value of GS stock is
a).$250 at expiration.
b).$230 at expiration.
c).$242 at expiration.

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