Question: Return on Stock Options. Chris purchased a call option on a stock or $200. The option give him the right to purchase the stock at

Return on Stock Options. Chris purchased a call option on a stock or $200. The option give him the right to purchase the stock at $30 per share until May 1st. On May 1st, the price of the stock is $28 per share. What is Chris' return on the stock option?

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