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You write a call option on a stock for a premium of $1.00. The exercise price is $11.75. What is the option's profit or loss

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You write a call option on a stock for a premium of $1.00. The exercise price is $11.75. What is the option's profit or loss if just prior to expiration the stock price is $11.25? a. $0.00 b. $1.00 c. ($1.00) d. $0.50 e. ($0.50)

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