Consider the following situation: The XYZ stock is trading at $100 a share in January; Suppose you do the following strategy: buy one February 105 call at $2 and sell one February 110 call at $1. And buy one February 95 put at $2 and sell one February 90 put at $1.

1. Determine the exact amount of debit/credit. (5 pts.) Must show work to get credit.

2. Determine the maximum profit. (5 pts.) Must show work to get credit. Hint: You may find it easier to answer all the following questions before you can answer some of these individual questions.

3. Determine the maximum loss. (5 pts.) Must show work to get credit.

4. Determine the breakeven stock price. 5 pts.) Must show work to get credit.

5. Determine profit/loss if stock is unchanged.

6.Prepare a table for the long call spread for the above strategy. (5 pts.) Must show work to get credit.

7.Prepare a table for the long put spread for the above strategy. (5 pts.) Must show work to get credit.

8. Prepare a table for the whole strategy

9. Plot the profit (loss) associated with the whole strategy