An investor purchases a stock for 45 and a put option for


An investor purchases a stock for $45 and a put option for $.85 with a strike price of $41. The investor also sells a call option for $.85 with a strike price of $54. What is the maximum profit and loss for this position? (Loss amount should be indicated by a minus sign. Round your answers to 2 decimal places.)

Maximum profit   $  

Maximum loss   $   

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Financial Management: An investor purchases a stock for 45 and a put option for
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