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You purchase 100 shares of common stock of XYZ stock for $63/ share and 1 put option contract ( 1 contract corresponds to 100 shares
You purchase 100 shares of common stock of XYZ stock for $63/ share and 1 put option contract ( 1 contract corresponds to 100 shares of XYZ stock). The put option has a strike price of $60 and the market price for the option is $5. Construct a table showing the payoff and profit (on a per share basis) from the strategy. For what range of stock prices would this portfolio lead to a loss
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