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You establish a straddle on Walmart using September call and put options with a strike price of $43. The call premium is $4.75 and the

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You establish a straddle on Walmart using September call and put options with a strike price of $43. The call premium is $4.75 and the put premium is $4.00. a. What is the payoff on this position if Walmart is selling for $43 in September? $ b. What will be your payoff if Walmart is selling for $40.85 in September? $ c. What will be your payoff if Walmart is selling for $49.49 in September? $ d. What is the cost of this investment strategy? $ e. What will be your percent return if Walmart is selling $43 in September? percent

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