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You buy a call with a strike price of $45 on stock that you have shorted at $45 (this is a protective call). What are
You buy a call with a strike price of $45 on stock that you have shorted at $45 (this is a protective call). What are the expiration date profits to this position for stock prices of $35, $40, $45, $50, and $55 if the call premium is $3.80? (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your Call profit and Net profit answers to 2 decimal places. Omit the "$" sign in your response.) |
Stock Price | Short Profit | Call Payoff | Call Profit | Net Profit | ||||
$35 | $ | $ | $ | $ | ||||
$40 | $ | $ | $ | $ | ||||
$45 | $ | $ | $ | $ | ||||
$50 | $ | $ | $ | $ | ||||
$55 | $ | $ | $ | $ | ||||
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