How much will carlos make on stock if option is exercised

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Carlos purchased 100 shares of stock in Company Alpha for $ 22 22 a share. He recently sold a call on the stock for $ 1.50 1.50 a share with a strike price of $ 37 37. The stock has since increased in price to $ 43 43 per share. How much will Carlos make on this stock if the option is exercised.

Reference no: EM131545200

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