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You purchased four call option contracts with a strike price of $24.00 and a premium of $1.30. At expiration, the stock was selling for $25.50

You purchased four call option contracts with a strike price of $24.00 and a premium of $1.30. At expiration, the stock was selling for $25.50 a share. What is the total amount it cost you to acquire your shares? Multiple Choice $8,620 $10,000 $10,500 $11,860 $10,120

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