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Suppose a financial manager buys call options on 50,000 barrels of oil with an exercise price of $93 per barrel. She simultaneously sells a put

Suppose a financial manager buys call options on 50,000 barrels of oil with an exercise price of $93 per barrel. She simultaneously sells a put option on 50,000 barrels of oil with the same exercise price of $93 per barrel. Consider her gains and losses if oil prices are $87, $90, $93, $96, and $99.

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