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Problem 4/ For risk management purposes, investor 4 decided to undertake a strategy consisting of selling a call with a strike price of $33

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Problem 4/ For risk management purposes, "investor 4 " decided to undertake a strategy consisting of selling a call with a strike price of $33 for $6, selling a call with a strike price of $37 for $2, and buying two calls with a strike price of $35 for $3.25 each. She entered this position for 12 contracts each containing 100 strategies that would expire in 3 months from now. a/ What is the amount of her initial investment? b/What is the amount of her max gain? c/ What is her gain/loss if the stock price in 3 months is $33.8? d/What is her (gain/loss) if the stock price in 3 months is lower than the medium strike price by 700 basis points? g/What are the breakeven price(s)? (using the highest and lowest strike prices)

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