What is your dollar profit

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Reference no: EM131200701

You purchase 25 call option contracts with a strike price of $135 and a premium of $1.80. Assume the stock price at expiration is $142.46.

1.  What is your dollar profit?

2.  What if the stock price is $128.41? (Negative amount should be indicated by a minus sign. )

If the stock price is $128.41, the call is worthlessin-the-money, so the dollar return is $ .

Reference no: EM131200701

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