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Assume an investor constructs a portfolio by buying two shares of ABC stock at a Price of $35 per Share, a put option with strike

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Assume an investor constructs a portfolio by buying two shares of ABC stock at a Price of $35 per Share, a put option with strike price $40 on this stock, and simultaneously selling a call option with strike price $40 on this stock. The premium for the put option is $1 and the premium for the call option is $1.14. Each option is based on one ABC stock (NOT a bundle of 100) and each option has the same maturity date. What is the profit/loss of this portfolio when the market price of ABC stock is $37.45 at the expiration of both options and you are liquidating the portfolio with no transaction costs. (Please retain at least 4 decimal places in your calculation and at least 2 decimal places in the final answer.) The profit/loss of this portfolio is $

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