The maximum profit and loss for this position

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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                 $   

Reference no: EM13934389

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