Question
An investor purchases a stock for $57 and a put for $.85 with a strike price of $52. The investor sells a call for $.85
An investor purchases a stock for $57 and a put for $.85 with a strike price of $52. The investor sells a call for $.85 with a strike price of $61. What is the maximum profit and loss for this position?
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
6th Edition
1473749247, 9781473749245
