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11. -$2. An investor purchases a share of Microsoft for $40 and simultaneously buys a July put option with a strike price of $37 (July

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11. -$2. An investor purchases a share of Microsoft for $40 and simultaneously buys a July put option with a strike price of $37 (July 37 put) for $2. What is the maximum loss (minimum profit) the investor can realize on this combined "share plus put" portfolio at expiration? a) b) -$3. -$5. -$42. e) None of the above is correct

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