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4) Create a vertical ratio spread a. If you have a credit from creating the spread (the value of what you sold is greater than

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4) Create a vertical ratio spread a. If you have a credit from creating the spread (the value of what you sold is greater than what you bought) what is your profit or loss if the stock goes down? b. Where do you make your maximum profit? c. Above what point do you start to lose money? d. Is this a high or low volatility spread

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