Prove the following: a. End-of-period conversion value (=X) b. End-of-period reversal value (=-X) c. End-of-period long box
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Prove the following:
a. End-of-period conversion value \(=X\)
b. End-of-period reversal value \(=-X\)
c. End-of-period long box spread value \(=X_{2}-X_{1}\)
d. End-of-period short box spread value \(=-\left(X_{2}-X_{1}\right)\)
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