ppose you buy a 100-strike call at a premium of $19.46, sell a 120-strike call at a premium of $11.26, sell a 100-strike put at a premium of $5.45, and buy a 120-strike put at a premium of $15.68. Assume effective annual risk-free interest rate of 8.5% and the expiration date of the options is one year. (a) Verify that there is no price risk in this transaction. (b) What is the initial cost of the positi

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