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You wrote five call option contracts on MNO stock with a strike price of $25 and an option price of $.70. What is your total
You wrote five call option contracts on MNO stock with a strike price of $25 and an option price of $.70. What is your total net profit or loss on all transactions related to this investment if the price of MNO is $24.70 on the option expiration date? Ignore taxes and transaction costs.
Multiple Choice
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$500
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$425
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$350
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$500
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$350
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