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Question 10 5 pts Consider the following option portfolio: You write a January 2012 expiration call option on IBM with exercise price $172, and the
Question 10 5 pts Consider the following option portfolio: You write a January 2012 expiration call option on IBM with exercise price $172, and the price of the call option is $8.93. You also write a January expiration IBM put option with exercise price $167, the price of the put option is $10.85. What will be the profit/loss on this position if IBM is selling at $180 on the option expiration date? Instructions: enter your answer as a decimal rounded to the nearest cent. Question 11 4 pts Consider the following option portfolio: You write a January 2012 expiration call option on IBM with exercise price $172, and the price of the call option is $8.93. You also write a January expiration IBM put option with exercise price $167, the price of the put option is $10.85. Instructions: enter your answer as a decimal rounded to the nearest cent. At what stock price will you just break even on your investment (i.e., zero net profit)? For the put, this requires that
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