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23. CVS stock is experiencing volatility due to recent rumors that emerged regarding the company. You decide to buy both a one-month European $30 put
23. CVS stock is experiencing volatility due to recent rumors that emerged regarding the company. You decide to buy both a one-month European $30 put and a one-month European $30 call on this stock. The call price per share is $0.7 and the put price per share is $2.50. What will be your net profit or loss on these option positions if the stock price is $25 on the day the options expire? (5 points)
A. -$180
B. -$250
C. $150
D. $180
E. $100
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