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Business, 06.05.2020 03:33 gabypinskyb8045
Betty buys a straddle on Lehigh that has a strike price of $40.05. The premium of the call is $1.10 and the premium of the put is $1.70. Calcuate the profit or loss on buying the straddle if at the time of expiration the price per share of Lehigh is $40.95. $ Place your answer with dollars and cents without a dollar sign. Enter negative answers with a "minus" sign. For example, if your answer is negative two dollars and seventy five cents, then enter -2.75.
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Betty buys a straddle on Lehigh that has a strike price of $40.05. The premium of the call is $1.10...
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