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You wrote eight call option contracts with a strike price of $42.50 at a call price of $1.35 per share. What is your net gain

You wrote eight call option contracts with a strike price of $42.50 at a call price of $1.35 per share. What is your net gain or loss on this investment if the price of the underlying stock is $40.30 per share on the option expiration date? Question 8 options: -$2,840 -$1,760 -$1,080 $1,080 $1,760

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