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You are long two calls on the same share of stock with the same expiration date. The exercise price of the first call is $39,

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You are long two calls on the same share of stock with the same expiration date. The exercise price of the first call is $39, and the exercise price of the second call is $60. In addition, you are short two otherwise identical calls, both with an exercise price of $56. Plot the value of this combination as a function of the stock price on the expiration date. What is the name of this combination of options? Plot the value of this combination of the long calls with an exercise price of $39 and $60 and the two short calls with an exercise price of $56 as a function of the stock price on the expiration date. (Select the best choice below.) O A. Graph B O B. Graph A O C. Neither Graph A Graph B 257 25- 20- Cash Flow Cash Flow 35 40 45 50 55\\ 60 65 70 75 80 85 90 35 40 45 50 55 60 65 70 75 80 85 90 -15 Stark Prima Stark PrimaWhat is the name of this combination of options? {Select the best choice below.) (El A. Buttery spread C} E. Buttery straddle O C. Straddle CI D. Strangle

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