28. A speculator sells a call option with a strike of $25 for $1.96....
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28.
A speculator sells a call option with a strike of $25 for $1.96. The stock is currently priced at $23.44 and moves to $29.53 on the expiration date. What is the speculator's (i.e., the call seller's) profit or loss per share? (Do not ignore the premium collected.)
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