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You write one MBI July 123 call contract (equaling 100 shares) for a premium of $9. You hold the option until the expiration date.

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You write one MBI July 123 call contract (equaling 100 shares) for a premium of $9. You hold the option until the expiration date. when MBI stock sells for $127 per share. You will realize a on the investment. Multiple Choice $500 profit $400 loss $1,300 loss $400 profit

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