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The price of a stock is $40.3. A call option on this stock has a strike price of...

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The price of a stock is $40.3. A call option on this stock has a strike price of $39.7 and is quoted at $1.6.

You enter a short position in this European call option.  One option contracts covers 100 underlying shares. 

The call option is exercised when the stock price is $42.1. Calculate your total net loss:

0%
100%
0%
0%
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