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An investor is considering a straddle strategy to invest in one non-dividend paying k with a current price of $406.91. The relevant interest is 5%

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An investor is considering a straddle strategy to invest in one non-dividend paying k with a current price of $406.91. The relevant interest is 5% annual. The market price of a European call option on one stock with a strike of $405, and maturity January 2023 , is $9.75. The market price of a European put option on one stock with a strike of $405, and maturity January 2023 , is $8.50. Calculate the net-profit for the investor if the stock price at the option maturity is $386.36. Round your final answer to two decimals, that is, if your answer is $1.234, then enter 1.23

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