Question: 16. Suppose you purchase one Texas Instruments August $95 call contract quoted at $10.55 and write one Texas Instruments August $110 call contract quoted at

16. Suppose you purchase one Texas Instruments August $95 call contract quoted at $10.55 and write one Texas Instruments August $110 call contract quoted at $11.25. If, at expiration, the price of a share of Texas Instruments stock is $100, your profit would be _________.

A. -$555

B. -$430

C. -$55

D. $70

E. $570

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