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You write one MBI July 127 call contract (equaling 100 shares) for a premium of $12. You hold the option until the expiration date, when
You write one MBI July 127 call contract (equaling 100 shares) for a premium of $12. You hold the option until the expiration date, when MBI stock sells for $135 per share. You will realize a ______ on the investment.
A) $400 profit B) $800 loss C) $2,000 loss D) $800 profit
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