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c) Assume that an investor purchases a stock for $38 and a put for $0.50 with a strike price of S35. The investor sells a
c) Assume that an investor purchases a stock for $38 and a put for $0.50 with a strike price of S35. The investor sells a call for S$0.50 with a strike price of $40 What is the maximum profit and loss diagram for this position? (25% of total mark) d) Draw the profit and loss diagram for this strategy as a function of the stock price at expiration. (25% of total mark)
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