What are your call options worth and net profit

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Reference no: EM131599756

Suppose you purchase eight call contracts on Macron Technology stock. The strike price is $75, and the premium is $4.30. If, at expiration, the stock is selling for $82 per share, what are your call options worth? What is your net profit? (Omit the "$" sign in your response.)

Call options worth $   

Net profit $

Reference no: EM131599756

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