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Several rumors concerning Osceola, Inc. stock have started circulating. These rumors are causing the market price of the stock to be quite volatile. Given your

Several rumors concerning Osceola, Inc. stock have started circulating. These rumors are causing the market price of the stock to be quite volatile. Given your current market analysis, you buy both a one-month put and a one-month call option on this stock with a strike price of $15. You purchased the call at a quoted price of $0.8 and the put at a price of $1.61.

If the stock price is $12.51 on the day the options expire, what will be your total profit on these option positions?

Profit_____

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