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You purchased six Framingham, Incorporated, call option contracts with a strike price of $42.25 when the option quote was $.62. The option expires today when

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You purchased six Framingham, Incorporated, call option contracts with a strike price of $42.25 when the option quote was $.62. The option expires today when the value of Framingham stock is $39.20. Ignoring trading costs and taxes, what is your total profit on your investment? -$305 $305 $0 O-$677 -$372

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