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You Purchased Four WXO 30 Call Option Contracts at a Quoted

Question 62

Multiple Choice

You purchased four WXO 30 call option contracts at a quoted price of $.34. What is your net gain or loss on this investment if the price of WXO is $33.60 on the option expiration date?


A) -$1,576
B) -$136
C) $1,304
D) $1,440
E) $1,576

Correct Answer:

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