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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