An investor purchases a stock for 55 and a put for 75 with


An investor purchases a stock for $55 and a put for $.75 with a strike price of $53. The investor sells a call for $.75 with a strike price of $64. What is the maximum profit and loss for this position? (Loss amount should be indicated by a minus sign.)

Maximum profit  $  

Maximum loss   $

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Financial Management: An investor purchases a stock for 55 and a put for 75 with
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