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Suppose you purchase a call option on XYZ stock when the stock price is $81....

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Accounting

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Suppose you purchase a call option on XYZ stock when the stock price is $81. The option premium is $3, and the strike price is $85. What is your net profit on the call option if the stock price is $89 at maturity? Multiple Choice O $5 O -57 O $4 -$9

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