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For risk management purposes, Edward decided to invest in a Bull spread strategy. The initial stock price is $58.5 Strike price 55.5 35.5 Call premium

For risk management purposes, Edward decided to invest in a Bull spread strategy. The initial stock price is $58.5 Strike price 55.5 35.5 Call premium 1.75 6.25 What is the break even price? 38 30 40 35.5

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