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6 Three put options on a stock have the same expiration date and strike prices of $55, 560, and $65. The market prices are $4,
6 Three put options on a stock have the same expiration date and strike prices of $55, 560, and $65. The market prices are $4, SS, and $8, respectively Abutterfly spread is created by buying the 555 put, buying the $65 putand selling we of the 560 puts What is the maximum loss for this strategy (take into account the initial cash flow? AS1 B52 CS3 D$4
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