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Both a call and a put currently are traded on stock XYZ, both have strike prices of $47 and expirations of six months. Required: a.

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Both a call and a put currently are traded on stock XYZ, both have strike prices of $47 and expirations of six months. Required: a. What will be the profit/loss to an investor who buys the call for $4.45 in the following scenarios for stock prices in six months? (Loss amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) Stock Price Profit/Loss $ 37 42 47 52 57 S S $ $ b. What will be the profit/loss in each scenario to an investor who buys the put for $7.30? (Loss amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) Stock Price Profit/Loss $ 37 42 47 52 57 $ S $ S 4

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