You pay $3.25 for a call option on Luther Industries that expires in 3 months with a strike price of 39.00. Three months later at expiration Luther Industries is trading at $41.00 per share. If we igore the time value of money, your profit per share on this transaction is closest to:
a) - $2.00
b) $2.00
c) - $1.25
d) $1.25
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