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The price of a stock in January 2021 is $57

Finance

The price of a stock in January 2021 is $57. A trader buys 100 call options on the stock with a strike price of $60 when the option price is $2. The options are exercised when the stock price is $65. The trader's net profit is Select one: O a. None of these O b. $500 O c. $300 O d. $400 O e. $600

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