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You purchased eight TJH call option contracts with a strike price of $37.50 when the option quote was $.55. The option expires today when the
You purchased eight TJH call option contracts with a strike price of $37.50 when the option quote was $.55. The option expires today when the value of TJH stock is $37.10. Ignoring trading costs and taxes, what is your total profit on your investment?
Group of answer choices
$0
$120
$440
$420
$760
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