Purchase three call contracts on macron technology stock

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Reference no: EM131562520

Suppose you purchase three call contracts on Macron Technology stock. The strike price is $60, and the premium is $3.60. If, at expiration, the stock is selling for $68 per share, what are your call options worth? What is your net profit? (Omit the "$" sign in your response.)

Call options worth $

Net profit $

Reference no: EM131562520

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