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Suppose that you buy 5 put options with strike price $52 at $2.5 each, and sell 4 call options with strike price $33 at $5

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Suppose that you buy 5 put options with strike price $52 at $2.5 each, and sell 4 call options with strike price $33 at $5 each. The maturity date T is 7 years, the continuously compounded interest rate r is 7%. a) What is the present value of the total profit if stock price at maturity is $46.5? Answer = dollars. b) What is the present value of the total profit if the stock price at maturity is $53? Answer = dollars. c) What is the present value of the total profit if the stock price at maturity is $29? Answer = dollars. Suppose that you buy 5 put options with strike price $52 at $2.5 each, and sell 4 call options with strike price $33 at $5 each. The maturity date T is 7 years, the continuously compounded interest rate r is 7%. a) What is the present value of the total profit if stock price at maturity is $46.5? Answer = dollars. b) What is the present value of the total profit if the stock price at maturity is $53? Answer = dollars. c) What is the present value of the total profit if the stock price at maturity is $29? Answer = dollars

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