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An investor buys I put option with strike price $20 for $2 and sells 1 put option with strike price $25 on the same asset

An investor buys I put option with strike price $20 for $2 and sells 1 put option with strike price $25 on the same asset and same maturity date for $2.5. Assume he holds both options until maturity.

a Calculate the profit/loss if the asset is worth $22 at maturity.

b) Determine the formula for the profit of the investor at maturity and sketch its diagram.

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