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An investor purchases a stock for $39 and a put for $0.55 with a strike price of $32. The investor sells a call for $0.55
An investor purchases a stock for $39 and a put for $0.55 with a strike price of $32. The investor sells a call for $0.55 with a strike price of $42. What is the maximum profit and loss for this position? (Loss amount should be indicated by a minus sign.)
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