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Consider the following portfolio: Long 1 call struck at 45 Short 2 calls struck at 50 Long 1 call struck at 55 Complete the following

Consider the following portfolio:

Long 1 call struck at 45

Short 2 calls struck at 50

Long 1 call struck at 55

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

position	45	45 < 50	50 < 55	> 55
A. long @ 45
B. 2 short @ 50
C. long @ 55
portfolio

Solve manual. No excel

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