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An investor pays $2 for a call with strike price of $35 and pays $1 for a put with strike price of $30. Determine the

  1. An investor pays $2 for a call with strike price of $35 and pays $1 for a put with strike price of $30. Determine the payoff, profit/loss and the breakeven points for this strategy. What is the name of this strategy? Draw a diagram for this strategy.

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