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(1) Choose the best answer: You set up the following strategy Using a $35 put and a $45 call. If, on the expiration date, shares
(1) Choose the best answer:
You set up the following strategy Using a $35 put and a $45 call. If, on the expiration date, shares of GE are trading at $31.40 then I exercise the call and end up with 100 shares of GE valued at $31.40/share I exercise the call and end up with $1.360.00 in cash C Both options expire and I end up with nothing. I exercise the put and end up with $360.00 in cash I exercise the put and end up with 100 shares of GE valued at $31.40/shareStep by Step Solution
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