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An investor purchases a stock for $38 and a put for $0.50 with a strike price of $35. The investor sells a call for $0.50

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An investor purchases a stock for $38 and a put for $0.50 with a strike price of $35. The investor sells a call for $0.50 with a strike price of $40. Required: a. What are the maximum profit and loss for this position? (Loss amount should be indicated by a minus sign.)

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