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b. Assume an investor takes 2 positions: first, a long position in a call option with an exercise price of 50 and a premium of

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b. Assume an investor takes 2 positions: first, a long position in a call option with an exercise price of 50 and a premium of 8; second, a long position in a put option with the exercise price of 50 and a premium of 7. What is the name of this combination strategy? When do investors hold this combination strategy? Show the profit diagram combining both the positions. Calculate the breakeven points. (5 marks) han

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