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you are buying both call and put options. how much are the maximum losses per euro ( for straddle)? use the following info: call option

you are buying both call and put options. how much are the maximum losses per euro ( for straddle)?
use the following info:
call option premium: $0.04/
put option premium: $0.03/
strike price: $1.20/
a) $0.08/
b) $0.03/
c) $0.04/
d) $0.07/

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