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The following prices are available for call and put options on ABC stock. The March options have 90 days remaining and the June options have

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The following prices are available for call and put options on ABC stock. The March options have 90 days remaining and the June options have 180 days remaining. Assume that each transaction consists of one contract (100 options). A long straddle constructed using the June 50 options. What is the profit if the stock price at expiration is at $64.75

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