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Consider the following portfolio: Long 0 calls with strike price 141.0 Short 1 calls with strike price 141.0 Long 1 calls with strike price 143.5

Consider the following portfolio:

Long 0 calls with strike price 141.0

Short 1 calls with strike price 141.0

Long 1 calls with strike price 143.5

Short 0 calls with strike price 143.5

Complete the following payoff table. What choice corresponds to the last row of the table?

position 141.0 141.0 < 143.5 > 143.5
portfolio

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