Tanmay sold five call option contracts with a strike price of $ 4 2 when the option
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Question:
Tanmay sold five call option contracts with a strike price of $ when the option was quoted at $ per share. The options expire today when the value of the underlying stock is $ Ignoring trading costs and taxes, what is the net profit on this investment?
A
$
B
$
C
$
D
$
E
$
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