Question: How much did you pay for the call in dollars if you chose the strike price of 11000? (Remember that option premiums are quoted in
- How much did you pay for the call in dollars if you chose the strike price of 11000? (Remember that option premiums are quoted in 64ths.)
- Use the following information for trades taking place on June 10. If you sold the call on June 10 due to a change in circumstances, would you have reaped a profit or loss? Determine the amount of the profit or loss.

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