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A portfolio on NKE stock consists of the following: One share of stock with a current price of 62.60. One short call option with a

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A portfolio on NKE stock consists of the following: One share of stock with a current price of 62.60. One short call option with a strike price of 68.00 and four months to expiration. The price of the option is 2.10. One long put option with a strike price of 58.00 and four months to expiration. The price of the option is 2.35. The continuously compounded risk-free interest rate is 3%. What is the minimum profit of the portfolio? Possible Answers A -0 B |-63.48 -5.48 D 4.52 E 63.48 A portfolio on NKE stock consists of the following: One share of stock with a current price of 62.60. One short call option with a strike price of 68.00 and four months to expiration. The price of the option is 2.10. One long put option with a strike price of 58.00 and four months to expiration. The price of the option is 2.35. The continuously compounded risk-free interest rate is 3%. What is the minimum profit of the portfolio? Possible Answers A -0 B |-63.48 -5.48 D 4.52 E 63.48

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