Question: You are long both a call and a put on the same share of stock with the same exercise date. The exercise price of the

You are long both a call and a put on the same share of stock with the same exercise date. The exercise price of the call is $40 and the exercise price of the put is $45. What is the minimum payoff from this option portfolio at the expiration date? (in dollars without the dollar sign, use two decimal places)

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