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Call options on a stock are available with strike prices of $20, $25, and $30 and expiration dates in three months. Their prices are $4,
Call options on a stock are available with strike prices of $20, $25, and $30 and expiration dates in three months. Their prices are $4, $2 and $1, respectively. A butterfly spread is created using these three call options. What values of the stock price at expiration would lead to a profit for this butterfly spread?
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