Question: Problem 23-04 Put and Call Payoffs (LO4] Suppose a financial manager buys call options on 12,000 barrels of oil with an exercise price of $66

Problem 23-04 Put and Call Payoffs (LO4] Suppose a financial manager buys call options on 12,000 barrels of oil with an exercise price of $66 per barrel. She simultaneously sells a put option on 12,000 barrels of oil with the same exercise price of $66 per barrel. What are her payoffs per barrel if oil prices are $57, $63, $66, $69, and $75? (Leave no cells blank - be certain to enter "O" wherever required. A negative answer should be indicated by a minus sign.) 69 Market price Payoffs per barrel

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