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You write a put with a strike price of $50 on stock that you have shorted at $50 (this is a covered put). What are

You write a put with a strike price of $50 on stock that you have shorted at $50 (this is a covered put). What are the expiration date profits to this position for stock prices of $40, $45, $50, $55, and $60 if the put premium is $2.30? (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places.)

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Stock price Short profit Put payoff Put profit Net profit $ 40.00 $ -10.00 $ 45.00 $ -5.00 50.00 $ 0 55.00 $ $ 60.00

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