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You sell a 6-month call option on one share of stock. The call has a premium of $2.80 and a strike/exercise price of $13. The
You sell a 6-month call option on one share of stock. The call has a premium of $2.80 and a strike/exercise price of $13. The stock currently has a price of $10.75 per share. On the day that the option expires, the stock is selling for $14.65. What ends up being your net playoff on this position? Round your answer to the nearest penny.
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