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15) A call with a strike price of $70 costs $7.71. A put with the same strike price and expiration date costs $4.39. If you
15) A call with a strike price of $70 costs $7.71. A put with the same strike price and expiration date costs $4.39. If you create a straddle, what is the initial cash flow? If it's a cash outflow, answer in a negative number.
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