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1) You set up a Bull Spread on 100 shares of GE using one $69 put @ $8.61 and one $80 put @ $15.89. At

1) You set up a Bull Spread on 100 shares of GE using one $69 put @ $8.61 and one $80 put @ $15.89. At expiration GE is trading at $62.04

To set up the spread you go long one $____put

and short one $_____put

To break even on this spread the underlying stock must go to $ ______

You hold the spread to expiry so your profit (loss) is $__________

You hold the spread to expiry so your profit (loss) is $_____

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