Question: . A trader sells ( or writes, or shorts ) 1 0 0 European call options on a stock with a strike price of $

. A trader sells (or "writes", or "shorts")100 European call options on a stock with a strike price of $23 and a time to maturity of one year. Each option is on one share of the stock. The price of each option is $4. One year later, the price of the underlying asset proves to be $28. What is the traders profit?

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