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Consider: (a) Stock trades for $100; (b) Calls with exercise prices of $90,$100, and $110 trade at prices of $17.04,$10.43, and $6.56 respectively. If a
Consider: (a) Stock trades for $100; (b) Calls with exercise prices of $90,$100, and $110 trade at prices of $17.04,$10.43, and $6.56 respectively. If a person buys a $90 call and writes a $110 call, what is her maximum profit? Please answer correctly up to two decimal places. 9.52 margin of error +/0.01
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