Question: 6. I have a long position in a put option on with an exercise price of $2.2/ (premium=$0.10) and a long position in a call

6. I have a long position in a put option on with an exercise price of $2.2/ (premium=$0.10) and a long position in a call option on with an exercise price of $2.32/ (premium=$0.07). Draw the combined graph.

a. What is the name of this strategy?

b. How many breakeven points do we have with the combined graph? What are they?

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