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A one-year call option on a stock with a strike price of $20 costs $2. A one-year put option on the stock with a strike

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A one-year call option on a stock with a strike price of $20 costs $2. A one-year put option on the stock with a strike price of $20 costs $3. Suppose a trader enters a straddle position by buying one (1) call option and one (1) put option in the example above. I a.) The price above which the trader makes a profit (i.e., the upper break-even price) is: b.) The price below which the trader makes a profit (i.e., the lower break-even price) is: ttttttttttttt

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