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An investor purchases a stock for $38 and a put for $ 50 with a strike price of $35 The investor sells a call for $.50 with a strike price of $40 What is the maximum profit and loss for this

An investor purchases a stock for $38 and a put for $.50 with a strike price of $35. The investor sells a call for $.50 with a strike price of $40. What is the maximum profit and loss for this position? Draw the profit and loss diagram for this strategy as a function of the stock price at expiration.

Jun 16 2020 View more View Less

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