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A call with a strike price of $60 costs $6.1. A put with the same strike price and expiration date costs $4.1. You construct a
A call with a strike price of $60 costs $6.1. A put with the same strike price and expiration date costs $4.1. You construct a straddle (\/) from these options. What is the profit of the strategy if the stock price is 51 at expiration? (required precision: 0.01 +/- 0.01)
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