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Raoul purchased both a call and a put on 1 2 5 , 0 0 0 bushels of soybeans. Both options have a strike price
Raoul purchased both a call and a put on bushels of soybeans. Both options have a strike price of $ and a common expiration date. Soybean contracts are based on bushels. The price of soybeans on the expiration date is $ Ignore the costs of the options and all transaction costs. What is Raoul's profit or loss on these two option contracts?
Multiple Choice
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