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Aaron purchased a call on 35,000 bushels of corn with a strike price of $2.10 pe...

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Aaron purchased a call on 35,000 bushels of corn with a strike price of $2.10 per bushel. On the expiration date, the corn was selling at $1.98 per bushel. Option contracts on corn are based on 5,000 bushels. Ignore the cost of the call and all transaction costs. What is the Aaron’s payoff on his call contract?

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