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Suppose you short the S&R index for $1000 and buy a 1050 -strike call. Construct payoff and profit diagrams for this position. Verify that you
Suppose you short the S\&R index for $1000 and buy a 1050 -strike call. Construct payoff and profit diagrams for this position. Verify that you obtain the same payoff and profit diagram by borrowing $1029.41 and buying a 1050 -strike put
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