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You buy a straddle, which means you purchase a put and a call with the same strike price. The put price is $2.80 and the

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You buy a straddle, which means you purchase a put and a call with the same strike price. The put price is $2.80 and the call price is $4.20. Assume that the strike price is $75 (20 points). ) What are the break-even stock prices? Make a graph of net profit against stock price at expiration (S) What is the most you could lose in this strategy? What is the most you could make in this strategy? a. b. c. d

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