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6. [Chapter 20] Consider the following options portfolio. You write a January expiration call option on IBM with exercise price 130 and premium of $2.18.

image text in transcribed 6. [Chapter 20] Consider the following options portfolio. You write a January expiration call option on IBM with exercise price 130 and premium of $2.18. You write a January IBM put option with exercise price 125 and premium of $2.44. a. Graph the payoff of this portfolio at option expiration as a function of IBM's stock price at that time

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