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You wrote ten call option contracts on JIG stock with a strike price of $40 and an option price of $.40. What is your net

You wrote ten call option contracts on JIG stock with a strike price of $40 and an option price of $.40. What is your net gain or loss on this investment if the price of JIG is $46.05 on the option expiration date?

-$6,450

-$5,650

$400

$5,650

$6,450

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