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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