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An investor purchases a stock for $44 and a put for $.80 with a strike price of $42. The investor sells a call for $.80
An investor purchases a stock for $44 and a put for $.80 with a strike price of $42. The investor sells a call for $.80 with a strike price of $52. What is the maximum profit and loss for this position? (Loss amount should be indicated by a minus sign.)
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Maximum profit$ ??
Maximum loss$ ??
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