QUESTION 24 Recently you bought a call and a put option on a stock with a common exercise price of $40. The call premium was $1.50 and the put premium was $1.00. You will make money from this position if the stock price is A greater than $37.5 but less than 542.5 B. less than $38.5 or greater than 42.5 C. less than $37.5 or greater than $42.5 D. less than $39 or greater than $415