1. You observe the following call option prices: $32.65 for E = 170 call and $17.80 for E = 190 call. Assume r = 0. 1. Draw the profit diagram for the following spread (called "bull spread"): you buy E = 170 call and sell E = 190 call. Identify the price range in which you make a profit. I 2. In our homework, we used No Arbitrage principle to establish the following inequality: assuming EL