Recently You Bought a Call and a Put Option on a Stock

Recently you bought a call and a put option on a stock with a common exercise price of $75.The call premium was $5 and the put premium was $3.You will make money from this position if the stock price is:

A) greater than $75, but less than $78.
B) greater than $75, but less than $80.
C) greater than $72, but less than $75.
D) less than $67, or greater than $83.

Correct Answer:

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