Question: 25. Suppose you purchase one Texas Instruments August 75 call contract quoted at $9.50 and write one Texas Instruments August 80 call contract quoted at

 25. Suppose you purchase one Texas Instruments August 75 call contract

25. Suppose you purchase one Texas Instruments August 75 call contract quoted at $9.50 and write one Texas Instruments August 80 call contract quoted at $7.7. If, at expiration, the price of a share of Texas Instruments stock is $79, your profit would be A) $150 B) $220 C) $350D ) $510

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