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Use Figure 2 0 . 1 , which lists prices of various CAE options. Use the data in the figure to calculate the payoff and
Use Figure which lists prices of various CAE options. Use the data in the figure to calculate the payoff and the profits for
investments in each of the following June expiration options, assuming that the stock price on the expiration date is $Do not
round intermediate calculations. Round your answers to decimal places. Leave no cells blankbe certain to enter wherever
required. Negative amounts should be indicated by a minus sign. Omit the $ sign in your response.
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