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You Purchase One MBI July 120 Call Contract (Equaling 100

Question 9

Multiple Choice

You purchase one MBI July 120 call contract (equaling 100 shares) for a premium of $5. You hold the option until the expiration date, when MBI stock sells for $123 per share. You will realize a ________ on the investment.


A) $200 profit
B) $200 loss
C) $300 profit
D) $300 loss

Correct Answer:

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