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You buy a straddle on a share of Franklin, Inc with a strike price of $ 60.00 . The premium on the call is $
You buy a straddle on a share of Franklin, Inc with a strike price of $60.00. The premium on the call is $2.25 and the premium on the put is $2.00. Calculate the net profit or loss from straddle at the time of expiration the price per share of Franklin is $39.00.
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You buy a straddle on a share of Franklin, Inc with a strike price of $60.00. The premium on the call is $2.25 and the premium on the put is $2.00. Calculate the net profit or loss from straddle at the time of expiration the price per share of Franklin is $39.00.
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