Question: Provide the payoff function for each range of strike prices in which the stock price could land at expiration. There are three ranges in which

Provide the payoff function for each range of strike prices in which the stock price could land at expiration. There are three ranges in which the stock price could land at expiration.
St<45
4555
buying a put option with strike price $55
Selling a put option with strike price $45

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