Question: Suppose that a trader bought a call option on a stock at strike price $25.00 and premium $2.50 per share. Each stock option consists of

Suppose that a trader bought a call option on a stock at strike price $25.00 and premium $2.50 per share. Each stock option consists of 100 shares of the stock. The call buyer total investment in the call option was

a $2.50

b $25.00

c $250.00

d $2,500.00

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