Question: You write a put option on stock AAA with an exercise price of $ 40 and a premium of $ 3.00. You buy a call

You write a put option on stock AAA with an exercise price of $ 40 and a premium of $ 3.00. You buy a call option on stock AAA with the same exercise date, but an exercise price of $ 50 and a premium of $1. At what price does AAA stock have to sell for you to breakeven on this strategy (i.e. your profits are zero)

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