Question: Instructions: please show all work and calculations. Construct the payoff and profit diagram for a long position in the 120 April puts. Construct the payoff
Construct the payoff and profit diagram for a long position in the 120 April puts. Construct the payoff and profit diagram for a short position in the 130 April calls. Construct the payoff and profit diagram for a long position in the 120 April puts. Construct the payoff and profit diagram for a short position in the 130 April calls
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