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2. Suppose you purchase one March 107 call contract at $3.55 and write one March 110 call contract at $0.35. (10") A) What is the maximum potential profit of your strategy? What is the maximum loss you could suffer from your strategy? B) If, at expiration, the price of the stock is $108, what would your profit/loss be? C) What is the lowest stock price at which you can break even? D) Suppose you purchase one March 107 call contract at $3.55 and one put March 107 put contract at 1.75, if at expiration, the price of the stock is 105, what would your profit/loss be? E) For the straddle strategy above, what is the stock price at which you can break-even? 1 Please show detailed work make sure you give all steps. SOLVE ALL PARTS And please if possible give answer in typing. I promise i will rate positive