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13. [a] 15 points in the table below, write your answers to construct the profit/loss profile (ignore the option premium) of the following combination option

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13. [a] 15 points in the table below, write your answers to construct the profit/loss profile (ignore the option premium) of the following combination option strategy: a. Write (i.e., Sell) a 1-year Call on FIN427 Common Stock at an exercise price of $100 + b. And Write (i.e., Sell) a 1-year put on the FIN427 Common Stock at an exercise price of $100 Stock price at Maturity $140 Profit/Loss from the Profit/Loss from the Call with an Put with an exercise price of exercise price of $100 Combined Profit and Loss $100 $120 $100 $80 $60 [b] [10 points] Based upon your answer to part [a], what are you trying to accomplish with writing a call and writing a put on the same stock strategy

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