Question: A diagonal spread is created by buying a call with strike price K2 and exercise date T2 and selling a call with strike price K
A diagonal spread is created by buying a call with strike price K2 and exercise date T2 and selling a call with strike price K 1and exercise date T1(T2> T1 ). Draw a diagram showing the profit when
(a) K2 > K1 and
(b) K2 <
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