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Problem #10: You sell a straddle. The current price of the stock is $48. The 6-months 36-strike call is $2.44 and the 6-month [2 marks]

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Problem #10: You sell a straddle. The current price of the stock is $48. The 6-months 36-strike call is $2.44 and the 6-month [2 marks] 36-strike put is $3.76. If the time value is not considered and the stock price at expiration is $55, find the potential profit from this trading strategy. (A) -12.80 (B) -14.80 (C) -15.80 (D) -11.80 (E) -13.80 Problem #10: Select v

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