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you are in a call option with X = 50 and buy a call with X = 60. The option are on the same stock
you are in a call option with X = 50 and buy a call with X = 60. The option are on the same stock and have the same expiration date. One of the calls sells for $3, the other sells for $9.
a.Draw the payoff graph for this strategy at the option expiration date.
b.Draw the profit graph for this strategy
Solve for me please
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