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Suppose a financial manager buys call options on 50,000 barrels of oil with an exercise price of $103 per barrel. She simultaneously sells a put

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Suppose a financial manager buys call options on 50,000 barrels of oil with an exercise price of $103 per barrel. She simultaneously sells a put option on 50,000 barrels of oil with the same exercise price of $103 per barrel. Consider her gains and losses if oil prices are $100, $102, 5103, $104, and $106. (Do not round intermediate calculations. Leave no cells blank - be certain to enter "0" wherever required. A negative answer should be indicated by a minus sign.) Market price $100 $102 S103 $104 $106 Payoffs per barrel $ S OS

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