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You believe that PEP price will only vary slightly in the coming days and therefore you decide to follow a Butterfly strategy using three call
You believe that PEP price will only vary slightly in the coming days and therefore you decide to follow a Butterfly strategy using three call options with strikes and which have premiums of and respectively. If the stock price is today, what is the total profit of your portfolio.
Keep in mind that each call option contract controls shares. Please round your answer to the nearest three decimals.
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