An investor purchases a stock for 52 and a put for 60 with


An investor purchases a stock for $52 and a put for 60 with a strike price of $50. The investor sells a call for $60 with a strike price of $58.

What is the maximum profit and loss for this position? (Loss amount should be indicated by a minus sign.)

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Financial Management: An investor purchases a stock for 52 and a put for 60 with
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