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11.1 The current stock price of ABC Corp. is 50. Prices for six-month calls on ABC are given in the table below. Draw a profit

11.1 The current stock price of ABC Corp. is 50. Prices for six-month calls on ABC are given in the table below. Draw a profit diagram of the following strategy: Buy one 40 call, write two 50 calls, buy one 60 call, and write two 70 calls.

Call: 40,50,60,70

Price: 16.5,9.5,4.5,2

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