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You have created a straddle position using a call option and a put option with strikes of $50. Both options are on the same stock

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You have created a straddle position using a call option and a put option with strikes of $50. Both options are on the same stock and expire in 1 year. The cost of the call option is $4 and that of the put is $3. If at expiration the stock is at $50, what is your profit? $3 $4 -$7 o

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