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Consider the following portfolio: you buy a call option for Tesla stock with an exercise price of $ 1 7 5 and premium of $

Consider the following portfolio: you buy a call option for Tesla stock with an exercise price of $175 and premium of $5 and buy a put option on Tesla with the same expiration date and an exercise price of $185 and premium of $6.
a. Write out the payoffs and profits for the strategy at expiration for three different scenarios (ST <175,175<=ST <=185, and ST >185).
b. Draw the payoff and profit graph for this strategy.

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