Calculate gain-loss that you will realize on investment

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You write one New York Inc. June 120 call option contract for a premium of $5.68. You hold the position until the expiration date when New York Inc. stock sells for $126.56 per share. Calculate gain/loss that you will realize on this investment. Remember that the size of the option contract is 100. Loss should be entered with minus sign. Round the answer to two decimal places.

Reference no: EM133118347

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