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QUESTION

With regard to futures options, how much profit would an investor make if she bought a call option on gold at 6.77 when gold was trading at $477 an

With regard to futures options, how much profit would an investor make if she bought a call option on gold at 6.77

when gold was trading at $477 an ounce by the expiration date on the call?(Note: Assume the call carried a strike price of 480)

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