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Please answer all three questions. No explanation necessary. FIN is trading at $50. You buy a JUL 40 call for $12, write two JUL 50
Please answer all three questions. No explanation necessary.
FIN is trading at $50. You buy a JUL 40 call for $12, write two JUL 50 calls for $3.00 each, and buy a JUL 60 call for $1.00. At expiration, FIN was trading at $53. 1. What was your gain or loss? 2. What was your maximum possible gain? 3. What is the name of the strategyStep by Step Solution
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