PROBLEM 1. 15 points). Three call options on a stock have the same ex date...
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PROBLEM 1. 15 points). Three call options on a stock have the same ex date and strike prices of $35, $13, and $15. The prices of the options are so and sl, respectively. An investor buys two 35-strike calls, sells ten 43-strike calls, and V ognt 45-strike calls. Construct the profit graph of the investor's portfolio. For what range of the stock prices would this asymmetrie butterfly spread lead to a gam
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