Explain the terms horizontal merger and vertical merger

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1. Draw a payoff profile for the following option strategies: Buy a protective put, $3 premium, $67 exercise price, when you bought the shares for $75. Write a call, $2 premium, $40 exercise price. Also, write a covered call on the shares purchased at $30.

2. Explain the terms horizontal merger, vertical merger, conglomerate merger, congeneric merger by creating -making up- examples.

Reference no: EM132033605

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