With regard to futures options, how much profit would an investor make if she bought...
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With regard to futures options, how much profit would an investor make if she bought a call option on gold at 6.16 when gold was trading at $481 an ounce, given that the price of gold went up to $523 an ounce by the expiration date on the call? (Note: Assume the call carried a strike price of 480.) The profit would be $(Round to the nearest dollar)
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