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3. Bullish Spread An investor implements a Bullish Spread strategy by doing the following: . buys for a 1-month European call at $4 premium with

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3. Bullish Spread An investor implements a Bullish Spread strategy by doing the following: . buys for a 1-month European call at $4 premium with a strike price of $15 . sells for a 1-month European call at $2 premium with a strike price of $20 Draw the profit chart for this strategy. Make sure to indicate the break-even price, maximum possit profit, and minimum possible profit

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