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Question 7 1 pts The current price of a stock is 54. Gary makes the following transactions: * Purchase one 50-strike European call option with

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Question 7 1 pts The current price of a stock is 54. Gary makes the following transactions: * Purchase one 50-strike European call option with a premium of 9.52. *Write two 55-strike European call options with a premium of 6.96. Purchase three 60-strike European call options with a premium of 4.99. *Write three 65-strike European call options with a premium of 3.51. Purchase one 70-strike European call option with a premium of 2.43 All options above have the same underlying stock and have 1 year until expiration. The continuously compounded risk-free interest rate is 4%. Calculate the maximum profit that Gary can obtain from this strategy. O 7.43 O 10.00 O 2.43 O 12.57 O 2.57

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