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An investor buys a 6-month European put option with K, = $75 for $10, buys a 6- month European put option with K3= $85 for

An investor buys a 6-month European put option with K, = $75 for $10, buys a 6- month European put option with K3= $85 for $5, and sells two 6-month European put options with K = $80 for $7. what is the total payoff and profit on the entire portfolio/strategy using BUTTERFLY spread. please show calculation of payoff.

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