Question: Please provide calculation steps 7) Ignoring time value of money, what is your maximum possible gain if you bought a call option on l with

Please provide calculation steps

Please provide calculation steps 7) Ignoring time value of money, what is

7) Ignoring time value of money, what is your maximum possible gain if you bought a call option on l with strike price of 1.65$/ for $0.15 and, at the same time, sold a call option on 1 with strike price of 1.85$/ for $0.06? Answer: $0.11 8) Ignoring time value of money, what is your maximum possible gain if you bought a put option on 1 with strike price of 1.65$/ for $0.06 and, at the same time, sold a put option on l with strike price of 1.85$/ for $0.15

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