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You purchase a put option with a strike price of 50 and a call option with a strike option of 55. The premium on the
You purchase a put option with a strike price of 50 and a call option with a strike option of 55. The premium on the put is $3 and the premium on the call is $2. What is your profit or loss if the stock price at expiration is $45? Enter a positive number for a profit and a negative number for a loss.
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