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Assume there are three Put options for Walmart stock at CBOE with strike price 50, 60 and 70, respectively. The current stock price for Intel

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Assume there are three Put options for Walmart stock at CBOE with strike price 50, 60 and 70, respectively. The current stock price for Intel is 55. (0) Construct a Butterfly Spread using these options. Specify the option positions you hold. Draw the terminal payoff graph for the butterfly spread

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