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You have a long put and a short call on a stock. The call and the put have the same expiration date T and same
You have a long put and a short call on a stock. The call and the put have the same expiration date T and same strike price of 54. The call's and put's premia are 4 and 5, respectively. What is your maximum possible profit? Answer .
You own a long call with a strike price of 87. You wrote a call on the same stock with the same expiration date T with a strike of 107. The premia for the two calls are 9 and 2,
respectively. If the stock price at time T is 94, then your profit is .
Please answer both questions if possible!
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