Question: Consider the following portfolio. You write a put option with exercise price 90 and buy a put option on the same stock with the same

Consider the following portfolio. You write a put option with exercise price 90 and buy a put option on the same stock with the same expiration date with exercise price 95.
a. Plot the value of the portfolio at the expiration date of the options.
b. On the same graph, plot the profit of the portfolio. Which option must cost more?

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