6. You are given: . An investor short sells a nondividend-paying stock that has a current price of 44 per share. . This investor also writes a collar this stock consisting of a 40-strike Buropean put option and a 50-strike European call option. Both options expire in one year. . The prices of the options on this stock are: Strike Price Call Option Put Option 40 50 8.42 3.86 2.47 7.42 . The continuously compounded, annual risk-free interest rate is five percent. Assume there are no transaction costs Calculate the minimum and maximum profits on the overall position at expiration