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Assume you own a stock that is currently trading at $50. You plan to construct a collar by going long on a put written on

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Assume you own a stock that is currently trading at $50. You plan to construct a collar by going long on a put written on the stock that has a strike price of 40 and costs 4.15 and short on a call written on the stock that has a strike price of 55 and costs 11.25. Construct a payoff table and payoff diagram for your net payoffs ignoring the time value of money

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