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You purchased a stock for $36 a share, a call option with an exercise price of $35 and a premium of $3, and a put
You purchased a stock for $36 a share, a call option with an exercise price of $35 and a premium
of $3, and a put option with an exercise price of $35 and a premium of $2. What will be your net
profit if you close out all three positions when the stock is selling for $37 a share?
a.$3
b. $2
c.-$1
d. -$2
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