1.Presently we have three Call options on a stock have the same expiration date and strike prices of $65, $70, and $75. The market prices are $4, $6, and $8, respectively. Construct a butterfly spread and box spread based on above data. Construct a table showing the payoff from the strategy. For what range of stock prices would the butterfly spread lead to a loss and in what range it leads to profit in box spread?