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An investor purchases a stock for $53 and a put for $0.55 with a strike price of $44.5. The investor sells a call for $0.55
An investor purchases a stock for $53 and a put for $0.55 with a strike price of $44.5. The investor sells a call for $0.55 with a strike price of $61.5. What is the maximum profit and loss for this position? (Loss amount should be indicated by a minus sign.)
Maximum payoff | $ |
Minimum Payoff | $ |
What is the payoff if the stock price at maturity is $53 | $ |
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