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Draw a graph that shows the profit to the holder of a call option at expiration. Draw another graph that shows the profit to the
- Draw a graph that shows the profit to the holder of a call option at expiration. Draw another graph that shows the profit to the holder of a put option at expiration. Draw a third graph that shows the payoff of a long straddle (buy a put and a call with the same maturity and strike price) at expiration. Be sure to label the axes and all other relevant features of the graphs.
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