57) correct answer is c , and 59) correct answer is C. But I do not understand how they are getting the answer for 59. Would a detailed solution be able to be provided from whoever answers? appreciated

son49@msn.com Chapter 15 - Options Markets You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is S50 per share. You want to establish a bullish money spread to help limit the cost of your option position. You find the following option quotes Wildwood Corp Underlying Stock price: S50.00 Strike 45.00 50.00 55.00 Expiration June June June Call 8.50 4.50 2.00 Put 2.00 3.00 7.50 57. To establish a bull money spread with calls you would A. buy the 55 call and sell the 45 call B. buy the 45 call and buy the 55 call C. buy the 45 call and sell the 55 call D. sell the 45 call and sell the 55 call 59. If in June the stock price is S53 your net profit on the bull money spread would be A. S300 B.-S400 C. S150 D. $50