A trader long for $0.03 a call option of a strike price of $1.50/ and long for $0.045 a put option with the strike price of $1.47. These calls have the same maturity date. By using the increment value of $0.05, Calculate the possible payoff from the position at the maturity date providing the underlying price at maturity date is forecasted to be between $1.45/ -1.60/. Determine the break-even point and draw the payoff diagram of the net profit/loss