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Some of my friends recommend clenching and unclenching my buttocks during the exam. Personally, I prefer not to receive advice about my hindquarters during times of stress.

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  • 1.

    You buy 5 FB 30 calls at $10. What is the most money you can lose?

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  • 4.

    A $30 call option is purchased for $4. If the stock is selling for $28 at expiration, what is the investor's profit?