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answers to the nearest dollar. Use a minus sign to enter negative values, if any. If the answer is zero, enter 0 .
answers to the nearest dollar. Use a minus sign to enter negative values, if any. If the answer is zero, enter
a What is the maximum possible profit on the position?
The maximum possible profit is
b What is the maximum possible loss on the position? Enter your answer as a positive value.
$
c What is the range of stock prices that generates a profit?
The position generates a profit as long as the price of the stock exceeds $
d What advantage does this position offer? Enter your answer as a positive value. Round your answer to the nearest dollar.
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