Question: written work please NO EXCEL 2. (30 points) Consider the following portfolio: write a put option with a $100 strike price and buy a put
2. (30 points) Consider the following portfolio: write a put option with a $100 strike price and buy a put option with exercise price $105. The two options have the same exercise date. (1) Please fill in blanks of the payoff table below. Time ST 105 Sell low put buy high put Total Payoff (2) Graph the payoff of the portfolio at the expiration date of the options
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