What is your total profit or loss on your investment

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Reference no: EM132047015

You purchased six Ford (F) call options contracts (note that a contract is for 100 options) with a strike price of $10 at a cost of $1.75 per option. The option expires today when the value of F stock is $13.55. Ignoring transaction costs, what is your total profit or loss on your investment?

Reference no: EM132047015

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