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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) XYZCORP If you establish a long strip using the options with an 85 exercise price, what is

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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) XYZCORP If you establish a long strip using the options with an 85 exercise price, what is your dollar gain or loss if at expiration XYZ is trading at 1011/16 ? (Keep 2 decimal places)

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