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Consider the following options portfolio: You write a June 2017 expiration call option on Microsoft with exercise price $72. You also write a June expiration
Consider the following options portfolio: You write a June 2017 expiration call option on Microsoft with exercise price $72. You also write a June expiration Microsoft put option with exercise price $70. (LO 15-2) a. Graph the payoff of this portfolio at option expiration as a function of the stock price at that time.
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