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An investor writes an XYZ December 75 call for $8.XYZ increases to 86 just prior...

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An investor writes an XYZ December 75 call for $8.XYZ increases to 86 just prior to expiration and the call is exercised. The investor does not own XYZ stock. What is the investor's gain or loss? Multiple Choice $300 loss $300 gain . O $1,300 gain $1,300 loss O

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