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A call with a strike price of $60 costs $6. A put with the same strike price and expiration date costs $4. Construct a table

A call with a strike price of $60 costs $6. A put with the same strike price and expiration date costs $4. Construct a table that shows the profit from a straddle. For what range of stock prices would the straddle lead to a loss? When is it appropriate for an investor to purchase a straddle?

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