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Question 24 (3 points) The below image is the payoff diagram of a long straddle. What positions would you need to enter to construct a
Question 24 (3 points) The below image is the payoff diagram of a long straddle. What positions would you need to enter to construct a long straddle? 6.00 4.00 2.00 0.00 100 -2.00 -4.00 -6.00 -8.00 Long Straddle at Expiration Long Straddle Prior to Expiration Buy a call and a put with the same strike price. Buy the underlying stock and sell an out-of-the-money put Write a call and buy a put with the same strike price
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