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You simultaneously write a covered put and buy a protective call, both with strike prices of $80, on stock that you have shorted at $80.

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You simultaneously write a covered put and buy a protective call, both with strike prices of $80, on stock that you have shorted at $80. What are the expiration date payoffs to this position for stock prices of $70, $75. $80, $85, and $90? (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required.) Stock price Short profit Put payoff Call payoff Total payoff $ 70 $ 75 80 $ $ $ 85 90

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