Question: anyone know how to do it? thanks Question 11 (5 points) A stock is currently trading at a price of $100. You construct a butterfly

 anyone know how to do it? thanks Question 11 (5 points)

anyone know how to do it? thanks

Question 11 (5 points) A stock is currently trading at a price of $100. You construct a butterfly spread using puts of three different strike prices on this stock, with the puts expiring at the same time. You go long one put with an exercise price of $96 and selling at $3.50, go short two puts with an exercise price of $101 and selling at $6, and go long one put with an exercise price of $106 and selling at $9. What is the profit of the combined position if the price of the stock at the expiration of the puts is $92? 0-$3 $3 )-$1 1

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