Question: Hello, I don't just need to know the answer but also how to work out the problem by hand. Thanks for any and all help!

Hello, I don't just need to know the answer but also how to work out the problem by hand. Thanks for any and all help!

Hello, I don't just need to know the answer but also how

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 C) $350 $220 $510 B) D)

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