Buy the stock, buy the MAR K =25 put and sell all the MAR K =40 calls
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Question:
Buy the stock, buy the MAR K =25 put and sell all the MAR K =40 calls that are necessary to finance the put purchase. Graph the P/L at expiration of the strategy in the first part.
Related Book For
Intermediate Accounting
ISBN: 978-0470161012
9th Canadian Edition, Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
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