Question: Hello, I don't just need to know the answer but also how to work out the problem by hand. Thanks for any and all help!
Hello, I don't just need to know the answer but also how to work out the problem by hand. Thanks for any and all help!

24. You buy one Chrysler August 50 call contract and one Chrysler August 50 put contract. The call premium is $4.25 and the put premium is $5.00. Your highest potential loss from this position A) $75 B) $925 C) $5,000 D) unlimited
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