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You Purchased Five WXO 30 Call Option Contracts at a Quoted

Question 45

Multiple Choice

You purchased five WXO 30 call option contracts at a quoted price of $.34.What is your total profit on this investment if the price of WXO is $33.60 on the option expiration date?


A) $170
B) $326
C) $1,630
D) $1,440
E) $1,576

Correct Answer:

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