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Call options on a stock are available with strike prices of $170,$175, and $180 and expiration dates in three months. Their prices are $15.3,$12.75, and
Call options on a stock are available with strike prices of $170,$175, and $180 and expiration dates in three months. Their prices are $15.3,$12.75, and $10.44 respectively. What is the total cost to create a butterfly position using the above call options? $ The profit is $ if the stock price turns out as $160. The profit is $ if the stock price turns out as $210. The profit is $ if the stock price turns out as $177
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