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Describe the securities you would need to buy or sell to generate a payoff equal to the one in the above graph. 40 38 36

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Describe the securities you would need to buy or sell to generate a payoff equal to the one in the above graph.

40 38 36 34 32 30 28 26 24 22 20 0 10 20 40 50 60 30 Stock price

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