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You sell an IBM call option for $4. The strike price of the option is $120, and the maturity is one year. At maturity, the

You sell an IBM call option for $4. The strike price of the option is $120, and the maturity is one year. At maturity, the price of the IBM stock is $126. Your profit/loss over the entire transaction is: (a) $3 profit (b) $2 loss (c) $6 loss (d) $4 profit

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