Question: Question 14 2 points Save Ans You are long 2 contracts of 1 yr call on MSFT with strike (K) of $220, and also long

 Question 14 2 points Save Ans You are long 2 contracts

Question 14 2 points Save Ans You are long 2 contracts of 1 yr call on MSFT with strike (K) of $220, and also long 2 contracts of 1 yr call on MSFT with st rike (K) of $120. What will be your payoff if MSFT price at expiry (S_T) is $300

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