Question: Problem 15-17 Option Strategies (LO3, CFA5) You write a put with a strike price of $80 on stock that you have shorted at $80 (this

 Problem 15-17 Option Strategies (LO3, CFA5) You write a put with

Problem 15-17 Option Strategies (LO3, CFA5) You write a put with a strike price of $80 on stock that you have shorted at $80 (this is a "covered put"). What are the expiration date profits to this position for stock prices of $70,$75,$80,$85, and $90 if the put premium is $2.90 ? (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter " O " wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places.)

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