12. You took a long position on a stock for $100 and a put option on it for $10 with a strike price of $95. You took a short position on a call option on it for $15.00 with a strike price of $100.

a. Find out how much you invested to take long position in the stock & the put option and short position in the call option.

b. Find out the payoffs and profits of your position at expiration for the following prices:

i. $80, ii. $90, iii. $100 and iv. $120

12. You took a long position on a stock for $100 and a put option on it for $10 with a strike price of $95. You took a short position on a call option on it for $15.00 with a strike price of $100. Find out how much you invested to take long position in the stock & the put option and short position in the call option. b. Find out the payoffs and profits of your position at expiration for the following prices: i. $80, ii. $90, iii. $100 and iv. $120 a