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(3 points) A butterfly spread for Microsoft Corp., consists of buying one call at a strike price of $60, one call at $80 and selling

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(3 points) A butterfly spread for Microsoft Corp., consists of buying one call at a strike price of $60, one call at $80 and selling two calls at $70. The last traded price for Microsoft Corp. on Tuesday was $69.875. Which of the following options, is the most likely to be most expensive to buy today? A. A call option with strike price $80. B. A put option with strike price $60 C. The butterfly spread described above

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