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An investor purchases 2 one-year European calls and 1 one-year European put on a stock - Theta Corp.- that pays no dividends. The exercise price

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An investor purchases 2 one-year European calls and 1 one-year European put on a stock - Theta Corp.- that pays no dividends. The exercise price for all options and the current stock price, is $50. The cost of each call is $5.00 and the cost of the put is $6.00. a. What is the cost of their strategy?- b. Fill out the chart below to indicate the payoff for each option and the profit for the overall strategy given the values shown for the stock price in one year's time. Use negative numbers to indicate a loss Stock Price in One Year $33.50 $50.00 $66.50 $83.00 Payoff on Each Call Payoff on Put Profit On Overall Strategy Based on the above table, what is the investor's view on the underlying stock?" Investor is unsure of direction but more likely headed down Stock is moving down Investor is unsure of direction but more likely headed up Stock is moving up C

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