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You sell one IBM July 1 2 0 call contract for a premium of $ 4 . You hold the position until the expiration date,

You sell one IBM July 120 call contract for a premium of $4. You hold the position until the expiration date, when IBM stock sells for $121 per share. You will realize a ______ on the investment.
Group of answer choices
A. $300 profit
B. $200 loss
C. $600 loss
D. $200 profit

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