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A strategy consists of longing a put on the market index with a strike of 85 and shorting a call option on the market index

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A strategy consists of longing a put on the market index with a strike of 85 and shorting a call option on the market index with a strike price of 86 . The put premium is RM4.25 and the call premium is RM2.43. Interest rates are 0.54% per month. Determine the net profit or loss if the index price at expiration is RM80 (in 3 months)

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