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you pay a premium of $3 to buy a call option to buy GE at $50 and another $2 to buy a put option to
you pay a premium of $3 to buy a call option to buy GE at $50 and another $2 to buy a put option to sell GE at $50. when the options expire, the stock price is $60. your profit on the call option is? and on your put option is?
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