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Use the following information for the next 3 questions. A strategy consists of shorting a market index product at $1500 and longing a call on

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Use the following information for the next 3 questions. A strategy consists of shorting a market index product at $1500 and longing a call on the index with a strike of $1500. If the call premium is $100 and the 6-month interest rates is 2.5%. Question 19 (3.7 points) Compute the profit or loss from the long call position by itself (in months) if the market index is $1650. $252.5 loss $47.50 loss $47.50 gain O $252.5 gain Question 20 (3.7 points) Compute the profit or loss from the short index position by itself expiration (in 6 months) if the market index is $1650. $112.5 loss $191.5 loss $191.5 gain $112.5 gain Question 21 (3.7 points) What is the profit or loss of the strategy at expiration (in 6 months) if the market index is $1650? $65 gain $143.75 gain $65 loss $143.75 loss

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