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Assume you bought following put and call options to construct a strangle: - Call Premium= $.025/ ; Strike Price= $1.15/ - Put Premium= $.2/ ;

Assume you bought following put and call options to construct a strangle:

- Call Premium= $.025/ ; Strike Price= $1.15/

- Put Premium= $.2/ ; Strike Price= $1.05/

If the ending spot rate is $120/, what is the net profit/loss per euro?

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