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You purchased 6 call options with a $40 strike price at a total cost of $150. On the expiration date, the underlying stock was priced at $39.20. What is the percentage return on your investment?
Insurance Agent
A professional authorized to sell and service insurance policies, representing either one or multiple insurance companies.
Annuity
A monetary tool that disburses a set sequence of payments to a user, predominantly aimed at serving as a financial resource for retirees.
Rate Of Return
The upward or downward movement in an investment's value across a defined duration, detailed as a percentage of its initial expenditure.
Insurance Agent
A professional who sells, solicits, or negotiates insurance policies on behalf of an insurer.
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