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You Buy one August 155 Put contract for $5 and buy a stock for $157. . Draw the profit equations and graph the results. (use
You Buy one August 155 Put contract for $5 and buy a stock for $157. . Draw the profit equations and graph the results. (use Excel) Determine the breakeven point, the maximum profit and loss. What is the name of this strategy? In which market do you use this strategy? Is it more a hedging strategy or speculation?
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