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1. You purchase pne IBM july 125 call contract for a premium of $13. you hold the option until the expiration date, when IBM stock sells for $133 per share. what dollar amount of profit or loss you will realize on the investemnt?

2. Describe how interest rates impact time value of money calculation (use time value of money concepts and calculation to plan your savings and investing pat of your financial planning goals, show examples with calculations)

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