a. What package of investments would provide you with this set of payoffs? b. How much would the package have cost you in July 2020? (See Table 23.2.) c. Would it have made sense to hold this package if you thought that the price of Amazon stock was unlikely to change much? FIGURE 23.9 This strategy provides a total payoff of $500 if the stock price is $3,100 and a payoff of zero if Amazon's stock price in January is either (a) $2,600 or less or (b) $3,600 or more. See Problem 10. Portfolio value $500 0 $2,600 $3,100 $3,600 Amazon stock price in January 2021