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For Problems 2 , 3 , and 4 below, use the following Nvidia option chain ( NVDA = $ 8 7 5 ) :

For Problems 2,3, and 4 below, use the following Nvidia option chain (NVDA =$875):
\table[[Strike Price,\table[[1-month],[Call Option],[Premium]],\table[[1-month],[Put Option],[Premium]]],[800,101.29,24.00],[810,94.80,27.57],[820,90.31,30.43],[830,84.11,34.85],[840,78.00,39.43],[850,73.00,43.80],[860,67.85,50.05],[870,63.96,56.61],[880,59.00,61.61],[890,55.40,67.05],[900,51.00,71.40],[910,48.86,73.90],[920,44.00,79.80],[930,40.95,88.25],[940,38.85,94.00],[950,36.05,100.55]]
(25 Points) Create a "zero-cost,"1-month, long collar for 1,000 shares of NVDA stock using the options above. The continuously compounded risk-free rate is 6.00%.
Explain what the goal of this trade is and show the breakeven stock price, and the prices where the trade is profitable and unprofitable.
Note: there are several possible answers to this question and a net cost $1.00 is acceptable.
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