Question: C . L . Hooper purchased a call on 9 0 0 Troy oz . of Palladium with a strike price of $ 1 ,
CL Hooper purchased a call on Troy oz of Palladium with a strike price of $ On the expiration date, the Palladium is selling at $ per Troy oz Option contracts on Palladium are based on Troy oz What is the payoff on the call contract ignoring all transaction costs?
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