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All? transaction-related costs

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?Ki-Hung purchased one call on XYZ stock at an exercise price of? $25. The market price of XYZ stock when? Ki-Hung purchased the call was? $24 a share. XYZ is currently priced at? $30 a share.? Ki-Hung paid? $120 to buy the call. How much profit will? Ki-Hung make if he exercises the option today and then sells the? shares? Ignore all? transaction-related costs.

Reference no: EM133305571

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