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Question 12 1 pts A 1-week European call option on the Apple stock is trading at $4. A 1-week European put option with the same

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Question 12 1 pts A 1-week European call option on the Apple stock is trading at $4. A 1-week European put option with the same strike price is trading at $3.5. An investor longs a straddle using these two options. What is the maximum loss for this investor at the option maturity? Please provide your answer in unit of dollars without the dollar sign. 7.5

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