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The price of a stock is $33. A put option to sell that stock at $34 is currently selling for $4. You buy the stock
The price of a stock is $33. A put option to sell that stock at $34 is currently selling for $4. 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 negative values, if any. If the answer is zero, enter "0". $22 " 28 " 34 " " 46 " " " a. What is the maximum possible profit on the position? The maximum possible profit is -Select- ^. 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 $ The investor limits the -Select- Ato -Select- $
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