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An investor purchases a stock for $54 and a put for $1 with a strike price of $44. The investor sells a call for $1
An investor purchases a stock for $54 and a put for $1 with a strike price of $44. The investor sells a call for $1 with a strike price of $64. What is the maximum and Minimum payoff 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 $54
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