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An investor is planning to purchase 8 hundred shares of GHI stock in one month. The stock is currently trading at 102.01 Call options with

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An investor is planning to purchase 8 hundred shares of GHI stock in one month. The stock is currently trading at 102.01 Call options with strike price $115 are available with premium $2.6. Put options with strike price $95 are available with premium $2.94. Expiration of the options matches the exact point in time at which the investor will purchase the shares. The investor hedges the anticipated stock purchase by utilizing the appropriate range-forward hedge with the appropriate number and position in the call and put contracts described above. 1lr'v'hat is the investor's total cashow associated with the purchase of stock if the stock price is 1?3.[i1 in one month? Your total cashflow answer should include the purchase of stock and anvfeverv cashow associated with the range-forward hedge

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