Given the following information, what is the net payoff of a…

Given the following information, what is the net payoff of a synthetic long forward at expiration? Strike price of call and put: $ Stock price at expiration: $ Premium paid for call: $ Premium received for put: $ Recall, a synthetic long forward is a long position in a call and a short position in an otherwise identical put. Enter your answer as a number of dollars.

Given the following information, what is the net payoff of a…

Given the following information, what is the net payoff of a synthetic long forward at expiration? Strike price of call and put: $60 Stock price at expiration: $55 Premium paid for call: $2 Premium received for put: $1 Recall, a synthetic long forward is a long position in a call and a short position in an otherwise identical put.