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Suppose that an investor buys a call on XYZ stock with a strike price of 350 and buys a put on XYZ stock with a

Suppose that an investor buys a call on XYZ stock with a strike price of 350 and buys a put on XYZ stock with a strike price of 350. The 350 strike call costs $20, and the 350 strike put costs $5. show all the work please

a) What strategy is this?

b) What is the goal of this strategy?

c) Compute and graph the profits/losses to this position in Excel.

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