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A trader creates a spread by selling a 6-month put option with a $30.00 strike price for $1.22 and buying a 6-month put option with

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A trader creates a spread by selling a 6-month put option with a $30.00 strike price for $1.22 and buying a 6-month put option with a $36.00 strike price for $4.46. The initial cost to set up the strategy is $ Give your answer correct to two decimal places, or your answer will be incorrect. The breakeven share price for the strategy is $ Give your answer correct to two decimal places, or your answer will be incorrect. This strategy is called a * -spread

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