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Suppose a financial manager buys call options on 50,000 barrels of oil with an exercise price of $57 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 $57 per barrel. She simultaneously sells a put option on 50,000 barrels of oil with the same exercise price of $57 per barrel. Consider her gains and losses if oil prices are $52. $55, $57, $59, and $62. (Leave no cells blank be certain to enter "0" wherever required. A negative answer should be indicated by a minus sign.) Market price Payoffs per barrel $ 52 $ 55 $ 57 S 59 $ 62
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