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Suppose a financial manager buys call options on 25,000 barrels of oil with an exercise price of $98 per barrel. She simultaneously sells a put
Suppose a financial manager buys call options on 25,000 barrels of oil with an exercise price of $98 per barrel. She simultaneously sells a put option on 25,000 barrels of oil with the same exercise price of $98 per barrel. What are her payoffs per barrel if oil prices are $81, $93, $98, $115, and $103?(Leave no cells blank - be certain to enter "0" wherever required. A negative answershould be indicated by a minus sign.)
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