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You purchased eight call option contracts with a strike price of $45 and an option premium of $1.90. You closed your contract on the expiration

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You purchased eight call option contracts with a strike price of $45 and an option premium of $1.90. You closed your contract on the expiration date when the stock was selling for $47.75 a share. What is your total net dollar profit or loss on your option position? Select one: O a. -$1,520 O b. -$680 c. $680 I O O d. $1,520 e. $2,700

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