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A trader sells a 6-month European call option with a strike price of $50 for $3 and buys a 6-month European put option with a

A trader sells a 6-month European call option with a strike price of $50 for $3 and buys a 6-month European put option with a strike price of $40 for $4.

a) For what range of prices would there be a profit?

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