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You purchased sixty call option contracts on abc stock with

Question: You purchased sixty call option contracts on ABC stock with a strike price of $32.50 when the option price was $1.65 per share. The option expires today when the value of ABC stock is $34.60. What is the net profit or loss on this investment? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: You purchased sixty call option contracts on abc stock with

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