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Consider the setting of the previous problem but now assume that the investor buys 100 shares, shorts 200 call options, and buys 200 put options.
Consider the setting of the previous problem but now assume that the investor buys 100 shares, shorts 200 call options, and buys 200 put options. What is the investor's P&L if the share price is $56 at the expiration date of options? (Loss is written in negative number) Please provide work + formulas
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