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6. Call options on a stock are available with strike prices of $15, $17.50 and $20, and expiration dates in 3 months. Their prices are

6. Call options on a stock are available with strike prices of $15, $17.50 and $20, and expiration dates in 3 months. Their prices are $4, $2, and $12, respectively. Explain how the options can be used to create a butterfly spread.

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