Question: QUESTION 17 You have a long position in a call option on FaceBook stock where the strike price is $5.60. If FaceBook closes at $6.50

QUESTION 17 You have a long position in a call option on FaceBook stock where the strike price is $5.60. If FaceBook closes at $6.50 on the day that the option expires, what will be your gross payoff per share (disregarding the upfront premium)

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