What is the payout and the profit

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Question: You write an IBM call contract at $120 for a premium of $4. You hold the option until expiration, when share price is $121. What is the payout and the profit? Please plot a graph. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131923413

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