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Problem 1 For risk management purposes. Monica decided to undertake a strategy consisting of buying a call with a strike price of $86 for $2.8

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Problem 1 For risk management purposes. "Monica" decided to undertake a strategy consisting of buying a call with a strike price of $86 for $2.8 and selling a call with a strike price of $76 for $9.75. She entered this position with 86 contracts each containing 100 strategies. What is the amount of her initial investment

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