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Suppose you short one AndySun.com's June 85 call contract with a premium of $9 and long one AndySun.com's June 70 put contract with a premium
Suppose you short one AndySun.com's June 85 call contract with a premium of $9 and long one AndySun.com's June 70 put contract with a premium of $8. If, at expiration, the price of a share of AndySun.com's stock is $79, you will be making ______________.
A. a loss of $300
B. a profit of $400
C. a loss of $800
D. a profit of $100
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