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12.22 A trader sells a strangle by selling a 6-monh European call option with a strike of $50 for $3 and selling a 6-month European

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12.22 A trader sells a strangle by selling a 6-monh European call option with a strike of $50 for $3 and selling a 6-month European put option with a strike price of $40 for $4. For what range of prices of the underlying asset in 6 months does the trade make a profit

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