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For the following position, sketch the profit profile, label all relevant points and discuss what you observe. Assume the stock is trading at $65 foday:

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For the following position, sketch the profit profile, label all relevant points and discuss what you observe. Assume the stock is trading at $65 foday: le long 2 put options with a $60 strike price and a $9 option price short a call option with a $70 strike price and a $11 option price long the stock

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