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2. value: 6.66 points < Question 2 (of 15) > Suppose a financial manager buys call options on 50,000 barrels of oil with an

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2. value: 6.66 points < Question 2 (of 15) > Suppose a financial manager buys call options on 50,000 barrels of oil with an exercise price of $84 per barrel. She simultaneously sells a put option on 50,000 barrels of oil with the same exercise price of $84 per barrel. Consider her gains and losses if oil prices are $80, $82, $84, $86, and $88. (Do not round intermediate calculations. Leave no cells blank - be certain to enter "0" wherever required. A negative answer should be indicated by a minus sign.) Market price Payoffs per barrel $80 $82 $84 $86 $ $ $ $ $88 References eBook & Resources Worksheet Difficulty: 1 Basic Section: 25.3 Futures Contracts Check my work 2019 McGraw Hill Education All rights reserve

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