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Q4) How do you form a long butterfly strategy using calls? What is the payoff and Profit of this strategy. Present the result in a

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Q4) How do you form a long butterfly strategy using calls? What is the payoff and Profit of this strategy. Present the result in a tabular format with the stock price at maturity divided into four regions a) ST K1, b) K1K3 Q4) How do you form a long butterfly strategy using calls? What is the payoff and Profit of this strategy. Present the result in a tabular format with the stock price at maturity divided into four regions a) ST K1, b) K1K3

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