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Question 24 1 pts Assume you create a Butterfly with strike prices of 200, 210 and 220. The current stock price is 211. The price

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Question 24 1 pts Assume you create a Butterfly with strike prices of 200, 210 and 220. The current stock price is 211. The price of the options are as follows: Call X=200:22: Call X=210: 16; Call X=220:12 The initial investment being 2 (-1*22+2*16-1112=2). If the price at expiration (S1) is 214, then the % gain/loss from this strategy is: gain of 100% gain of 400% gain of 200% gain of 800% gain of 300%

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