Determine the profit-loss to the writer of the call option

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Reference no: EM131966219

Kingfish has call options trading with a strike price of $67 and a premium of $9. Determine the profit/loss to the WRITER of the call option if at the time of expiration the stock price is $63.

Place your answer with dollars and cents without a dollar sign. Enter negative answers with a "minus" sign. For example, if your answer is negative two dollars and seventy five cents, then enter -2.75.

Reference no: EM131966219

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