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The price of a stock is $27. A put option to sell that stock at $28 is currently selling for $2. You buy the stock

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The price of a stock is $27. A put option to sell that stock at $28 is currently selling for $2. You buy the stock and the put. Complete the following table and answer the questions. Round your answers to the nearest dollar. Use a minus sign to enter neg values, if any. If the answer is zero, enter "0". Profit on put Net profit Price of the stock Profit on stock $22 $ 25 $ 28 S $ S $ 31 $ $ $ 34 $ S $ 40 $ S $ a. What is the maximum possible profit on the position? The maximum possible profit is --Select- v b. What is the maximum possible loss on the position? Enter your answer as a positive value. $ c. What is the range of stock prices that generates a profit? The position generates a profit as long as the price of the stock exceeds $ d. What advantage does this position offer? Enter your answer as a positive value. Round your answer to the nearest dollar. The investor limits the -Select-to -Select- $

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