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You are long two option contracts: one Chicago Board Options Exchange call contract on a stock with a strike price of $25 and one put
You are long two option contracts: one Chicago Board Options Exchange call contract on a stock with a strike price of $25 and one put contract with a strike price of $20. You paid a premium for the call options of $3.00 per option share and paid a premium for the put option of $2.00 per option share. Your total profit (loss) if the stock price at expiration were $15.00 would be _$____________
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