An investor purchases a stock for 56 and a put option for


An investor purchases a stock for $56 and a put option for $.80 with a strike price of $50. The investor also sells a call option for $.80 with a strike price of $66. 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 56 and a put option for
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