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S0 = 55 X = 52 C0 = 7.08 Put price = 2.55 Draw the payoff & profit diagram for the strategy that is long

S0 = 55

X = 52

C0 = 7.08

Put price = 2.55

Draw the payoff & profit diagram for the strategy that is long the stock, short this call, and long the put option whose strike price is also $52. What instrument has a similar payoff diagram?

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